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Trade Marks - The Value of Trade Mark Registration |
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What is a Trade mark?A trade mark is a badge of commercial origin that enables the goods or services of one undertaking to be distinguished from those of another by a consumer. By registering a trade mark, and using the trade mark for labelling goods and/or services of your business, you create a brand which is protected by law. This is a very powerful IP tool, and can add significantly to the value of your business. Once established, it is important to enforce your rights in the trade mark, to ensure that your reputation and goodwill engendered in the trade mark are not diluted in the eyes of your consumers. A trade mark can comprise words, logos, pictures, acronyms, numbers, shapes or a combination of these elements, provided the composite trade mark is:
Trade mark owners should be aware that trade marks can "acquire" distinctiveness by virtue of their commercial use. This "use" can be sufficient to push a trade mark over the threshold of registrability. |
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Why should a Trade Mark be registered?
Whilst a trade mark can be used on an unregistered basis, it is usually considered more straightforward and less costly to rely on a trade mark registration and the law of trade mark infringement, than to pursue redress under the common law tort of Passing Off. Moreover, in order to assert enforceable unregistered rights in a Passing Off action, a trade mark will most likely have to be used for a considerable period of time or on a considerable scale throughout the UK. In contrast, a trade mark registration confers monopoly rights, even before the trade mark has been used. |
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