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Trademarks. Trademark. A commercial symbol, word, name or other device that identifies and distinguishes products of a particular firm Trademark law entitles the owner of the mark to prevent others, both competitors and those in other industries from using the trademark to market their products.
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Trademark • A commercial symbol, word, name or other device that identifies and distinguishes products of a particular firm • Trademark law entitles the owner of the mark to prevent others, both competitors and those in other industries from using the trademark to market their products
Goals of Trademark Law • The promotion of business ethics • The refinement of distributional efficiency • The development and maintenance of goodwill • The preservation of competition by expanding the public domain
Trademark Subject Matter • Words, names, symbols • Slogans • Numbers, colors, smells, sounds • Characters and celebrities (Brittany Spears, Michael Jordan) • Trade Dress – the overall design of a product’s package or vendor’s premises
Excluded Subject Matter • Generic words • Scandalous, or immoral marks • Deceptive marks • Deceptively misdescriptive
Other Types of Marks • Service marks – registered in relation to a particular type of product line of related services • Certification marks – certify that all producers using the mark have the characteristics of the group operating under that certification mark • Collective marks – used by members of an organization to identify their members
Spectrum of Distinctiveness • Arbitrary or fanciful – inherently distinctive, no connection between mark and product category • Suggestive – indirectly suggests features of goods, but a connection required using human imagination • Descriptive – describes major features of the type of product • Generic – one of the few terms necessary to adequately describe the type of product
Acquisition of a Trademark • Use – trademark cannot be created until the owner makes actual use of the mark • Registration – not necessary under state common law, however, stronger rights are available under state or federal trademark registration
Domain Names • Cybersquatting – the practice of acquiring domain names for the ransom and resale to the original owners of similar marks • Aticybersquatting Consumer Protection Act (ACPA) passed in 1999