Incredible Mag

Common Misconceptions About Trademark

Common Misconceptions About Trademark

<p style&equals;"text-align&colon; justify&semi;">There are different trademark misconceptions that we need to debunk if we want to gain real results in this field&period; One common misconception is that we could reserve the trademark for indefinite future uses&period; We should be aware that trademark protection doesn’t really exist until we use the trademark in conjunction with specific services and goods&period; In many cases&comma; trademark application requires subsequent filings of declaration that confirms bonafide uses of a trademark&period; The trademark agency will grant a 6-month period&comma; which can be used to file the declaration of use&period; In this case&comma; the applicant could require an extension for another 6&equals;month period&period; However&comma; the registration can’t be extended 36 months after the original filing of the application&period; We also shouldn’t assume that trade names confer upon specific trademark rights&period; We could properly register the trademark by filing it to the trademark office&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">It means that although we have used a specific trademark for decades&comma; it has no legal basis&comma; if we haven’t registered it in the trademark agency&period; So&comma; if someone decides to register it&comma; we will lose the right to continue using the trademark&period; Some people also think that they can assume unrestricted rights to use their last name as trademark for goods and services&period; This is a wrong assumption and we don’t have the absolute right to use our own surname for commercial purposes&period; As an example&comma; Scott or John McDonald can’t apply the &OpenCurlyDoubleQuote;McDonald’s” trademark in the food industry&comma; because the name is already taken by the fast food giant&period; The person could still sell his burgers under the &OpenCurlyDoubleQuote;Scott McDonald’s” trademark and obviously without the iconic yellow arches&period; Another thing that we can’t assume is that the trademark exists for the benefit of the trademark holder&period; The registered trademark is more focused for the benefit of the consumers&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">With a trademark&comma; consumers would be able to identify the actual origin of specific product and service&period; It means that if someone buys a camera with the name Canon on it&comma; he is assured that he gets an actual Canon camera&period; This is confirmed by the fact that the copyright protection and patent have limited duration&period; You should know that because you have successfully registered trademark&comma; it would exist forever&period; You need to renew the trademark after a period of time before the expiration date&period; Some patented technological solutions will become public property and can be implemented in all areas and by anyone after a period of time&period; This ensures the distribution of intellectual wealth to the public and encourages inventors and innovators to come up with new proprietary solutions&period; This arrangement will ensure that technology and innovation will continue to flourish&comma; while essential technologies won’t be owned by small groups of people&period; The name &OpenCurlyDoubleQuote;Monopoly” is a classic example of lost trademark&period; Parker Bros&period; neglected the registration extension of the name and it’s now in public domain&comma; which can be used by any manufacturer&period; It is important for you to be aware of these misconceptions&period;<&sol;p>&NewLine;

Exit mobile version