Trademark Info: What You Ought to Know
Trademark law affects every business in the United States. Don't assume that your new business name, new product name, slogan or logo has not already been used commercially OR trademarked! No business name may be used in any one of the following cases, IF there is a conflict or similarity in sound, appearance or meaning & industry:
- A Federally registered trademark anywhere in the U.S., or
- A State registered trademark in any state they do business in, or
- Used within same geographic trade area with "first use" Common-Law protection.
However, the question is: Is your trade name truly available?
It is a company's obligation and it is in their best interest to enforce its marks. Trademark owners have up to five years to find and order businesses to change any infringing trade name.Infringing trademark companies could face costly attorney bills ($200 to $350 hour), immediate renaming of their company or product, recall of products, forfeiture of profits, re-marketing of the new name, and marketing change-over for a new name, including logo, signs, corporation, forms, checks, packaging, yellow page listings, web site, etc.
Comprehensive research is truly a need for any new business name, new product name, new slogan or new logo.