A Brand Name Can Function as a Legal Property
WIPO`s Lex Database is a comprehensive search tool that allows you to search international treaties and national intellectual property laws. A trademark is a sign capable of distinguishing the goods or services of a company from those of other companies. Trademarks are protected by intellectual property rights. Trademarks differ significantly from patents and copyrights. A patent grants its inventor the design, process and invention rights to a property. To be registered, the inventor must self-disclose the invention – the design and process – through the USPTO. This gives the inventor complete protection over the product or service in question for a certain period of time – usually 20 years. Anyone can use the invention by producing, marketing and selling it after the patent expires. This is common in the pharmaceutical industry. A pharmaceutical company that patents a drug has exclusive rights to it for a period of time before other companies can market and sell generic brands to the public.
In an effort to grant businesses and businesses intellectual property rights to protect their products, logos, symbols, and state-registered trademarks, the federal government allows trademark owners to sue others who use their trademarks without permission. However, to promote competition and fair use, the Federal Trade Commission created an exception to the general rule of trademark owner protection. Brands can be bought and sold. For example, Nike (NKE) bought the instantly recognizable Swoosh logo from a graphic design student in 1971 for a one-time price of $35. Trademarks may also be licensed to other companies for an agreed period of time or under certain conditions, which may lead to cross-trademarks. Take, for example, THE RELATIONSHIP LEGO has with certain film franchises. The private company licenses many famous sub-brands such as Star Wars and DC Comics to produce LEGO versions of popular products. Copyright, on the other hand, protects the owners of intellectual property in order to copy it legally. Copyright holders and those with authority to do so may reproduce the associated work for a specified period of time – usually up to 70 years after their death – solely for profit. Software, art, film, music and drawings are just a few examples of copyrighted works. However, brand names, slogans and logos are not covered.
To obtain copyright and prevent copyright infringement, the applicant must file an application with the U.S. Copyright Office. CapT Martin Shimer of the CDER`s Generics Office discusses how patents and exclusives for generics usually work and overlap and how they can affect the generic. Understanding the different types of IP is an important knowledge that all in-house consultants should be familiar with. Patents, trademarks, copyrights, and trade secrets are valuable assets of the business, and understanding how they work and how they are created is essential to knowing how to protect them. With Practical Law, attorneys general are just a few keystrokes away from a variety of information, forms, templates, and checklists that can help them master each type and know what to do to create and protect them. TESS makes it easier to search the federal trademark database in a variety of ways. The “basic word mark search” allows you to search for names, words and phrases that have received a federal trademark. If you have multiple product lines in your business that also have unique names, you may want to file them as well. For example, Ford is a brand of Ford Motor Company, which also has brands for vehicle lines such as F-150, Mustang, Ranger and Explorer.
Under federal law, the fair use doctrine is an affirmative defense against a trademark owner`s claim of trademark infringement. The fair dealing doctrine allows a competitor to use a trademark product name without authorization if the use is unlikely to cause confusion or have any other meaning. For example, a company`s use of Kellogg`s Corn Flakes in an advertisement for Shenandoah Milk would most likely be fair use, since a reasonable consumer would not confuse milk and grain. If a national trademark owner sues another company for using its trademark in an advertisement without authorization or compensation, the alleged infringer has the legal burden of proving that its advertising was admissible under the fair dealing doctrine. First, you need to search the federal database to make sure that the name you want to protect is not already protected as a trademark. You can do this using the USPTO`s electronic trademark search system, also known as TESS. You should not only search for the name you want, but also similar names. Your registration may be declined if the name is too similar to a name already registered in the same class. Although the registration of a trade name does not offer legal protection, as is the case for the registration of a trademark, the choice of a trade name must still be made with care.
That`s because it`s the first step in establishing an identity for your business in the marketplace. As mentioned above, registering a trade name doesn`t give you trademark rights – it`s a separate process. Registering a trademark for your business is an important step that will help you protect your brand identity from misuse or theft. Registering a trademark is a fairly simple process that you can do in a few simple steps. The WIPO Arbitration and Mediation Center provides trademark owners with effective international mechanisms to resolve disputes over Internet domain names that comply with their trademark rights. See also service mark, collective mark, certification mark, trade name. Decide what you want to protect and to what extent it is up to you to decide. You can have a trademark, but decide not to protect that trademark by registering it as a trademark.
However, if you choose not to register your trademark as a trademark, anyone could abuse your trademark or create a trademark so similar to yours that people won`t be able to tell the difference between them. Even if consumers want to buy your products or services because they trust your brand`s reputation, that customer could accidentally buy someone else`s because they can`t tell the difference between brands. A brand is a more important step that is identified with the establishment of brand awareness in the market. A trademark can be associated with your trade name or be part of your trade name and can be used to legally protect the use of company names, logos, symbols or slogans. Two examples of easily recognizable brands are Nike`s swoosh symbol and Coca-Cola`s “Coca-Cola,” written in its distinctive font. Brands are easy to recognize because they are accompanied by the brand symbol. ™ A trade name is what is used instead of the official name of the company. This is often stated on documents with the phrase “doing business as” (DBA).
It is used when the company name is considered too long or when the desired name was too close to a name that already had a trademark or service mark. (Note that a trade name does not indicate the legally responsible entity behind the service or product.) Once you`ve researched and removed the name you want to protect under trademark law, it`s time to prepare your trademark application. You can request a name that is already used for commercial purposes or that intends to use it in the future. This guide will walk you through all the steps required to register and protect your trademark name and answer some frequently asked questions about registering your trademark. This preview displays pages 1 through 3. Log in to view the full content. Chapter 14: Development and marketing of C HAPTER 14 D EVELOPING AND M ARKETING P RODUCTS TRUE/FALSE QUESTIONS 1. A brand name can act as legal property that owners can protect from intrusion by competitors.
The Standing Committee on the Law of Trademarks, Industrial Designs and Geographical Indications (SCT) is the forum in which WIPO Member States discuss political and legal issues related to international developments in trademark law and standards. Filing a name for a business Registering a trademark for a business name is pretty simple. Many companies can file an application online in less than 90 minutes without the help of a lawyer. The easiest way to register is on the website of the United States Patent and Trademark Office, www.uspto.gov. What is a registered trademark feb 27, 2019 · A trademark was the most important point to remember: to register and protect your trademark name, search for similar brand names in the TESS database, complete the trademark application, and submit it to the USPTO for review. The term trademark refers to a recognizable badge, phrase, word or symbol that designates a particular product and legally distinguishes it from all other products of that type.

 
				 
				 
				 
				 
				 
				 
				 
				 
				