A trademark is a
legally registered symbol, word, or combination of words, logo, or other
distinctive mark that identifies and distinguishes the source of goods or
services of one party from those of others and plays a crucial role in
protecting the intellectual property of businesses and helping consumers
identify and choose products or services with confidence.
Key points about
trademarks include:
1. Distinctiveness:
A mark must be distinctive and not generic or descriptive to be eligible for
trademark registration as distinctiveness helps consumers associate the mark
with a specific source.
2. Registration:
A registered trademark provides additional legal benefits and protections.
3. Rights
and Protection: Trademark registration provides its
owners exclusive right to use their marks in connection with the goods or
services and it prevents others from using deceptively similar marks in the
same industry.
4. Duration:
Trademark rights are granted for a duration such as 10 years.
5. Enforcement:
Trademark owners can enforcing their rights by initiating legal action against
infringing parties to stop unauthorized use of the mark.