What is Trade Mark ?
What is Trademark?
A trademark is any word (PEPSI), name (TATA), symbol or device (Microsoft), slogan (Yeh Pyaas Hai Badi & Thanda Matlab Coca Cola), package design (Coca-Cola bottle) or combination of these that serves to identify and distinguishes a specific product from others in the market place or in trade. Even a sound (Britannia chimes) color combination, smell or hologram can be a trademark under some circumstances. The term trademark is often used interchangeably to identify a trademark or service mark.
Benefit of Trademark Registration
- Constructive notice of ownership of the Trademark
- ™ and ® is Prestige of your Brand and your Company
- Its ownership and get exclusive rights over your trademark.
- You can sale your Trademark ™ and ® and/or give license to other company to use your Trademark and get Royalty for the same.
- The exclusive right to use the registered mark in commerce in connection with the goods or services specified in the registration
- Establish the Goodwill and incontestability of rights in the registered mark
- No one can make a copy of your trademark; if some one copy then you can take legal action against them and ask for damages.
- Sue for counterfeiting of the registered mark and to obtain both civil and criminal penalties against counterfeiters
- Similar advantages can be obtained from registering a trademark in most other countries of the world. In some countries, a registration is a requirement for any enforcement activities. Since the advantages necessarily vary from country to country.