{"id":289850,"date":"2024-04-08T18:50:21","date_gmt":"2024-04-08T13:20:21","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=289850"},"modified":"2024-04-08T18:50:21","modified_gmt":"2024-04-08T13:20:21","slug":"well-known-trademark","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/well-known-trademark\/","title":{"rendered":"Well Known Trademark"},"content":{"rendered":"<p><strong>Source<\/strong>-This post on<strong> Well Known Trademark<\/strong> has been created based on the article &#8220;Delhi HC declares <a href=\"https:\/\/www.thehindu.com\/business\/Industry\/delhi-hc-declares-haldiram-as-well-known-trademark\/article68023745.ece\" target=\"_blank\" rel=\"noopener\"><strong>\u2018Haldiram\u2019 as well-known trademark<\/strong><\/a>&#8221; published in &#8220;<strong>The Hindu<\/strong>&#8221; on 8 April 2024.<\/p>\n<h2>Why in the news?<\/h2>\n<p>Recently, the Delhi High Court has recognised &#8220;Haldiram&#8221; as a well known trademark.<\/p>\n<h2>What is a trademark?<\/h2>\n<p>It is a distinctive sign or indicator used by a business organisation to <span style=\"color: #ff0000;\">distinguish<\/span> its products or services from those of other entities.<\/p>\n<h2>About Well Known Trademark<\/h2>\n<figure id=\"attachment_289857\" aria-describedby=\"caption-attachment-289857\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-289857 size-medium\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/04\/38178b_44401c1fdcee4fb2a0884c13feb74098mv2.png?resize=300%2C300&#038;ssl=1\" alt=\"Well Known Trademark\" width=\"300\" height=\"300\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/04\/38178b_44401c1fdcee4fb2a0884c13feb74098mv2.png?resize=300%2C300&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/04\/38178b_44401c1fdcee4fb2a0884c13feb74098mv2.png?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/04\/38178b_44401c1fdcee4fb2a0884c13feb74098mv2.png?resize=768%2C766&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/04\/38178b_44401c1fdcee4fb2a0884c13feb74098mv2.png?w=986&amp;ssl=1 986w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-289857\" class=\"wp-caption-text\"><strong>Source-IP matters<\/strong><\/figcaption><\/figure>\n<p><strong>Statutory recognition<\/strong>-The <span style=\"color: #ff0000;\">Trade Marks Act, 1999<\/span>, provides protection to well-known trademarks to prevent its misuse. It also obligates the Registrar to safeguard them against similar trademarks.<\/p>\n<p><strong>Rights of the owner<\/strong>&#8211;<br \/>\nA) The owner can prevent others from<span style=\"color: #ff0000;\"> registering<\/span> or <span style=\"color: #ff0000;\">using identical<\/span> or similar marks for different goods and services, once a trademark is declared well known.<\/p>\n<p>B) This trademark mark can be<span style=\"color: #ff0000;\"> licensed or franchised<\/span> to others. It provides opportunity to the owner to generate an<span style=\"color: #ff0000;\"> additional source of revenue<\/span>.<\/p>\n<h2><strong>What are the factors considered for determining a Well-Known Trademark?<\/strong><\/h2>\n<p>1) The degree of knowledge or recognition of the mark in the relevant section of the public in India.<\/p>\n<p>2) The duration, extent, and geographical area of any use of the mark.<\/p>\n<p>3) The duration, extent, and geographical area of any promotion of the mark in India.<\/p>\n<p>4) The degree of inherent or acquired distinctiveness of the mark.<\/p>\n<p>5) The extent to which the mark has been registered in India or in other countries.<\/p>\n<h2><strong>What is the significance of a Well-known Trademark?<\/strong><\/h2>\n<p>1) They are<span style=\"color: #ff0000;\"> highly valuable assets<\/span> for businesses. They contribute to<span style=\"color: #ff0000;\"> brand recognition<\/span>, <span style=\"color: #ff0000;\">consumer trust<\/span>, and <span style=\"color: #ff0000;\">market competitiveness<\/span>.<\/p>\n<p>2) It provides an additional protection against unauthorized use, even for goods or services that are not directly related to the <span style=\"color: #ff0000;\">original trademark<\/span>. This protection prevent consumer confusion and safeguards the reputation and distinctiveness of the mark.<\/p>\n<p>Read more-<a href=\"https:\/\/forumias.com\/blog\/answered-what-do-you-understand-by-intellectual-property-rights-discuss-how-india-should-manage-intellectual-property-rights-issues-in-india\/\" target=\"_blank\" rel=\"noopener\"> Intellectual property rights (IPR)<\/a><\/p>\n<p><strong>UPSC Syllabus-Science &amp; Tech<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source-This post on Well Known Trademark has been created based on the article &#8220;Delhi HC declares \u2018Haldiram\u2019 as well-known trademark&#8221; published in &#8220;The Hindu&#8221; on 8 April 2024. Why in the news? Recently, the Delhi High Court has recognised &#8220;Haldiram&#8221; as a well known trademark. What is a trademark? It is a distinctive sign or&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/well-known-trademark\/\">Continue reading <span class=\"screen-reader-text\">Well Known Trademark<\/span><\/a><\/p>\n","protected":false},"author":10374,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1738,1],"tags":[11872,10498],"class_list":["post-289850","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-science-and-technology-daily-factly-articles","category-uncategorized","tag-9pm-daily-factly","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/289850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10374"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=289850"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/289850\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=289850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=289850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=289850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}