Trademarks are extremely expensive
assets. As per a recent survey, trademarks account for, on average, one-third
of corporate value. Developing and safeguarding trademarks is not only the cost
of doing business but instead an investment in customer reputation, resulting
in greater customer satisfaction and higher sales.
A trademark registration can be nearly anything-a logo, word, shape,
sound, color, taste, scent or any combination of these-that differentiates the
goods or services of one party from those of another. Trademarks also promise customers
of reliable quality and thus assist endorse efficient competition.
A submission to register a
trademark in the U.S.A is quite less pricier. A request can be on the bases of (a)
“bona fide intent to use” the mark, which basically allows you to reserve a
mark for up to three years after payment of the application by the Trademark
Office,(b) ownership of a foreign application or registration, or (c) actual
use of the mark in US Commerce. While a trademark search before adoption is usually
not legally required-and no search is infallible -searching can assist stop
conflicts by evaluating whether a proposed mark is available for the goods and
services for which it is meant to be used.
Advantages of Online Trademark Registration are
1)
Encourages others from making use of similar
marks in the first place confusingly by making the mark easy to find in a
trademark availability search, thus stopping issues before they even starts
2)
Treats the mark as if used countrywide as of the
application date, which is essential in a system in which first use wins-or
else, your rights are limited to the geographic area of use or repute of the
mark, potentially enabling others to use the same mark in another geographic
area and leading to foreseeable confusion when one or both parties expands
3)
Safeguards against registration of similar
marks, as the Office of Trademark has a responsibility to cite previous
registrations against applications for similar marks confusingly and to decline
to register such marks, thus enrolling the power of the United States
Government in assisting to stop infringement at no extra price to you
4)
Serves as proof of the validity and exclusive
ownership of the mark for the goods and services mentioned in the registration,
with discriminating protection after five years and the likelihood of becoming
“incontestable,” which can assist not only in court proceedings but possibly
more highly in quickly compelling others to stop using a mark without the necessity
to go to court.
No comments:
Post a Comment