Blog results - found 856
US hit hardest by ICT counterfeits; estimated 24% of video game consoles shipped internationally are fake (Blog)
New research from the Organisation for Economic Co-operation and Development (OECD) has revealed that counterfeit information and communication technology (ICT) products account for 6.5% of overall ICT trade, with almost 43% of seized counterfeits infringing the IP rights of US companies. Worryingly for those tasked with protecting brands in the sector, the OECD estimates that almost a quarter of video game consoles and controllers shipped internationally are fakes.
Study finds senior executives fear trademark infringement, but will they loosen enforcement purse strings? (Blog)
New research has revealed that 80% of C-level executives feel that trademark infringement is on the rise, with more than half reporting that their organisation has initiated legal action against third parties in a bid to defend their brands. While a useful insight into the concerns of senior management, the challenge for counsel is turning this into budgetary support for trademark enforcement endeavours.
Last week, World Trademark Review hosted the Managing the Trademark Asset Lifecycle Europe conference in Munich. Much of the discussion on the day focused on how trademark teams can ensure that relationships across the corporate enterprise are meaningful and cooperative, rather than conflictive or inefficient. And, of course, juggling budgets to accommodate such efforts was a recurring conversation point.
‘.feedback’ hit with breach notification after brand complaints; ICANN urged to take stronger stance (updated) (Blog)
ICANN has informed the operator of the ‘.feedback’ TLD that it is in breach of its registry agreement, the first instance a registry has been found in breach of its ICANN compliance obligations as a result of a public interest commitment dispute resolution procedure (PICDRP) complaint. However, while characterising the move as “positive”, one of the parties to the complaint has criticised the scope of the panel’s review and hit out at ICANN for not taking stronger action.
Uniform Domain Name Dispute Resolution Policy (UDRP) case filings at WIPO have busted through the 3,000 barrier for the first time, with Philip Morris, AB Electrolux, Hugo Boss, Lego and Michelin revealed as the top complainants.
A letter, co-signed by 21 law professors and practitioners, has slammed the “expansive protections recently demanded by trademark owners”, which they argue “are inconsistent with basic propositions of trademark law”. In response, leading commentators have hit back at the “misleading and inaccurate” arguments made in the letter.
New call made for plain packaging on high-calorie foods in a bid to fight “small devils in our brains” (Blog)
A renowned neuroscience professor, unveiled this week as one of the co-winners of The Lundbeck Foundation’s Brain Prize, has stated that efforts need to be made to reduce the attractiveness of unhealthy foods. As the trademark community awaits the predicted fall of the next ‘plain packaging domino’, the focus appears to be shifting to foods and drinks that are high in sugar, fat and salt.
Revealed: full speaker line-up for this month’s Managing the Trademark Asset Lifecycle Europe conference (Blog)
With the event just two weeks away, World Trademark Review is pleased to present the session-by-session speaking faculty for Managing the Trademark Asset Lifecycle Europe. A limited number of delegate places remain for the interactive event which focuses on the creation and exploitation of the value and economic potential that reside in strong brands.
The Trademark Company ditches trademark registration services, but the low-cost filing model continues elsewhere (Blog)
This week, The Trademark Company's website removed trademark registration services from its offerings. This follows founder Matthew H Swyers agreeing to resign from practising before the USPTO. However, low-cost registration filings are still being offered by another company established by Swyers ensuring that the debate over the commoditisation of trademark work will continue unabated.
New research conducted by the EUIPO and International Telecommunication Union has revealed that an estimated 45.3 billion ($52 billion) in revenue is lost annually to counterfeit trade in smartphones. Alarmingly for those in the sector, over a third of this revenue is lost in one country, China.
The submissions window for the ninth annual Global Trademark Benchmarking Survey, which takes the pulse of the industry, tracks industry trends and identifies how practice is evolving to counter new threats and exploit new opportunities, closes on Friday. Participation in the survey is free of charge and designed to give counsel both in-house and in private practice the opportunity to have their say on the state of the industry.
The founder of The Trademark Company, one of the most prolific trademark filers at the USPTO, has agreed to resign from practising before the office. The development ends a fractious relationship between the USPTO and one of its biggest customers.
Trump’s China trademark no big surprise, but in media frenzy one legal dimension has largely gone unreported (Blog)
This week a trademark application was the subject of rare international media coverage after US President Donald Trump saw a TRUMP mark progress to registration in China. While much speculation has centred on whether the move represents an inexpensive way for China to curry favour with the president, from a legal perspective the registration is unsurprising. And while the focus has been directed at the political fallout from a president being granted such rights, other aspects are worth scrutiny for trademark experts.
Publicising ‘aggressive’ trademark enforcement; HomeVestors reveals motivation behind unusual PR move (Blog)
In a press release issued last week, HomeVestors of America highlighted the range of legal actions it initiated in 2016 and pointed to its growing reputation for aggressive trademark enforcement. For many companies, the ‘aggressive’ label is one to be avoided so World Trademark Review reached out to obtain insight into the business motivations for shouting about its willingness to litigate.
There is still time to participate in this year’s Global Trademark Benchmarking Survey. Conducted annually by World Trademark Review, the research project is designed to give counsel both in-house and in private practice the opportunity to have their say on the state of the industry, and build up a comprehensive picture of current trends and best practice.
Toll of counterfeiting and piracy predicted to top $2.3 trillion as call made for governments to do more (Blog)
New research estimates that the global economic value of counterfeiting and piracy could reach $2.3 trillion by 2022, with job losses totalling in excess of 5 million. The research provides important data to policymakers. The challenge now is to ensure that they pay heed to it.
INTA president expects ‘evolution not revolution’ as the association looks to embrace the wider brand community (Blog)
For the first World Trademark Review podcast of 2017, we speak to Joseph Ferretti, the new president of the International Trademark Association. In a wide-ranging interview, covering such topics as policy around brand restrictions and plain packaging, engagement with the ICANN world, the choice of future event locations and the association’s international expansion, he provides exclusive insight into the future positioning of the organisation.
The latest version of the Brand Finance Global 500, which identifies and ranks the world’s most valuable brands, has seen Google take the number one spot, with Apple dropping to second place after a five-year stint at the top. Despite a substantial jump in its brand value, Amazon.com remains in third place.
Third-party advertisers bidding on trademark terms in online search results spiked by 21% across the fourth quarter of 2016, with leading brands estimated to have lost 46 million clicks across the three-month period. For key brands in the clothing and apparel sector this has been translated into approximately $300,000 in lost revenue.
Keep it simple, stupid: study reveals how simplicity boosts customer affinity and economic performance (Blog)
New research from brand consultancy Siegel+Gale has analysed nearly 900 brands to create a ranking of those which succeed due to brand promise simplicity. While the survey found that consumers are more willing to pay a premium for goods and services from companies that boast a simple brand promise, achieving simplicity remains an uphill battle for many brands.
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