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Tags: Keywords: Thrifting, Trademark, Product Liability, Income, Environment

REGULATING THE INDIAN THRIFT MARKET: AN ECONOMIC ANALYSIS OF THE TRADEMARKS ACT, 1999

  • By Siya Mathur and Isha Katiyar
  • 13 Days ago
  • Downloads: 0

  • View: 22

Volume VIII 2025 Issue II GNLU Journal of Law And Economics

Thrifting in laymans language, is the practice of purchasing commodities that have not been sold to the primary consumers, or have been used by them and are up for sale again. Naturally, the idea of thrifting clothes is to lengthen the cycle of the apparel and delay its ultimate disposal. A typical thrift market for apparel in India is a street market with vendors selling clothing items that have been discarded by their producers due to defaults as minor as a wrong stitch. These items are available in bulk and are sold at a price much below than what the brand would sell in their outlets otherwise. The growth of social media platforms has also given an opportunity to resellers, especially small businesses, to capitalise on the wide reach. The creation of secondary markets has become a bone of contention between original producers and resellers in mature jurisdictions such as those of the European Union for example, where the intellectual property rights of the former have been demanded for. The Indian legal regimefor trademark protection, however, does not provide solace to brands that aim to protect their nexclusivity and reputation in the domestic thrift market. This article uses statistical tools to assess consumer responses to analyse whether resellers are posed as competitors to brand manufacturers. Further, a model has been proposed to impose product liability on resellers to protect the interests of consumers and brands alike.



Recommended Citation

Siya Mathur and Isha Katiyar (2026) "REGULATING THE INDIAN THRIFT MARKET: AN ECONOMIC ANALYSIS OF THE TRADEMARKS ACT, 1999", GNLU Journal of Law And Economics : Volume VIII 2025, Issue II
Available at: https://gnlu.ac.in/GJLE/Publications/REGULATING THE INDIAN THRIFT MARKET: AN ECONOMIC ANALYSIS OF THE TRADEMARKS ACT, 1999

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Editorial Note

THE CURRENCY OF DELAY: A POLITICAL ECONOMY ANALYSIS OF JUDICIAL INCENTIVES IN INDIAN HIGH COURTS

In 2023, the Delhi High Court disposed of more than 87,000 cases, a recordbreaking figure. Yet its backlog grew. Across India, governments have doubled judicial strength in some states, built stateoftheart ecourts, and implemented case management software. Still, over 5.1 crore cases remain pending. The standard explanation treats this as a resource problem: too few judges chasing too many litigants. But what if the real answer is more uncomfortable What if delay is not a bug in the system, but a feature, a currency that judges spend, save, and strategically deploy This paper advances a heretical proposition: that for the Indian High Court judge, disposing of cases is not always the rational choice. In a system where the government is simultaneously the largest litigant and the arbiter of judicial careers, where a controversial judgment can trigger a punitive transfer while a safe adjournment goes unnoticed, and where forty dismissals at the admission stage count the same as one laboriously reasoned final verdict, delay emerges as the equilibrium strategy. The crisis of pending cases is not an accident of overload; it is the predictable outcome of incentives working exactly as designed. Employing a political economy framework, we model the High Court judge as a strategic actor maximizing a utility function comprised of reputation (professional prestige), leisure (workload aversion), promotion prospects (chances of elevation or postretirement appointment), and the cost of dissent (risk of punitive transfer or career backlash). The paper proposes an empirical model to test whether judicial delays correlate with political cycles and the identity of the litigant (State vs. Citizen), suggesting that strategic delay is a rational response to the institutional constraints of the Indian judiciary.

  • Tathagat Sharma
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