MarketsandMarkets Research gets interim order against Meticulous Research Pvt Ltd for infringement of copyright for 94 Market Research reports

Pune, April 11, 2023:  Pune based, Markets and Markets Research Pvt. Ltd. has got an interim order passed by Delhi High Court against Meticulous Research Pvt. Ltd for violation of its copyrights in 94 market research reports. These are in-depth market research reports with a specific focus on various sectors & industries and have a high value proposition for clients in the Global market. A prima facie case was made out and the Delhi HC gave an interim order in favour of MarketsandMarkets and ordered the Local Commissioner to conduct a raid at Meticulous, in Pune.

As per the order dated 13^th March, 2023, the Local Commissioner was ordered to collect the entire electronic data to make an inventory and obtain mirror copies of all the defendants’ electronic data that was stored on servers, systems, hard drives, personal devices of employees etc. This is one of the first-of-its kind order in relation to this quantified research and market intelligence industry in India. With the help of the Local Commissioner, a raid was conducted from 31^st March to 8^th April at Meticulous office and data was obtained.

MarketsandMarkets procured below mentioned three reports from Meticulous Research Pvt Ltd and compared the reports with their own reports, bearing an identical title and found them to be substantially similar.

1. Mid- Revenue Cycle Management/Clinical Documentation Improvement Market
2. Breast Imaging Market – Global Forecast s to 2021
3. Flow Cytometry Market – Global Forecasts to 2018

MarketsandMarkets, further filed a comparison of 91 reports’ titles and Table of Contents, which they procured from Meticulous’s website which were also found to be similar. It is the contention of MarketsandMarkets that Meticulous Research along with other defendants are copying the format and contents and using the same to prepare their own reports.

Commenting on the Interim Order Anoop Garg,  Co-Founder and Executive Director, MarketsandMarkets said, “Our entire business value proposition has been built around providing very insightful in-depth research reports using various data points to our client’s across the globe. Data is our bread and butter and we deliver high value to our clients businesses. The violation of copyrights has huge business implications for us. We are glad that Delhi High Court has taken cognizance of all the facts and passed an interim order asking the local commissioner to inspect and collect the evidence for the matter. Based on the findings from the raid, we might file a criminal case against the defendants. This will certainly fast forward the legal proceedings and help the court to reach a reasoned conclusion.”