{"id":22240,"date":"2024-04-07T01:36:41","date_gmt":"2024-04-06T20:06:41","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=22240"},"modified":"2025-04-06T18:22:16","modified_gmt":"2025-04-06T12:52:16","slug":"well-known-trademark","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/well-known-trademark\/","title":{"rendered":"What is Well-known trademark?"},"content":{"rendered":"<h2><strong>About Well-known trademark\u00a0<\/strong><\/h2>\n<ul>\n<li>The <strong>Trade Marks Act, 1999<\/strong>, provides <strong>protection <\/strong>to well-known trademarks to prevent misuse and obligates the Registrar to safeguard them against similar trademarks.<\/li>\n<li>Once a mark is declared well-known, the owner can prevent others from registering or using identical or similar marks for different goods and services.<\/li>\n<li>This trademark mark <strong>can be licensed or franchised<\/strong> to others, providing the owner with an additional source of revenue.<\/li>\n<li><strong>Factors<\/strong> that can be considered when determining whether a trademark is well-known are:\n<ul>\n<li>The <strong>degree of knowledge<\/strong> or recognition of the mark in the relevant section of the public in India<\/li>\n<li>The <strong>duration, extent, and geographical area<\/strong> of any use of the mark<\/li>\n<li>The duration, extent, and geographical area of any promotion of the mark in India.<\/li>\n<li>The degree of inherent or acquired distinctiveness of the mark<\/li>\n<li>The extent to which the mark has been registered in India or in other countries.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Significance of Well-known Trademark<\/strong><\/h2>\n<ul>\n<li>Well-known trademarks are highly valuable assets for businesses. They contribute to brand recognition, consumer trust, and market competitiveness.<\/li>\n<li>The recognition of a trademark as &#8220;well-known&#8221; grants it <strong>additional protection against unauthorized use<\/strong>, even for goods or services not directly related to the original trademark. This protection helps prevent consumer confusion and safeguards the reputation and distinctiveness of the mark.<\/li>\n<\/ul>\n<h2><strong>What is a trademark?<\/strong><\/h2>\n<ul>\n<li>It is a <strong>distinctive sign<\/strong> or indicator used by a <strong>business organisation<\/strong> to distinguish its products or services from those of other entities.<\/li>\n<li>It serves as a badge of origin exclusively identifying a particular business as a source of goods or services. Trademark infringement is the unauthorised usage of a sign that is identical or deceptively similar to a registered trademark.<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1: What is Intellectual property rights (IPR)?<\/h3>\n<p>These are the legal privileges granted to the inventor or creator to safeguard their intellectual work (in the arts, sciences, literature, etc.) for a specific period of time. These legal rights grant the inventor or creator, or his assignee, the sole right to fully exploit their invention or creation for a specific amount of time.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/business\/Industry\/delhi-hc-declares-haldiram-as-well-known-trademark\/article68023745.ece\" target=\"_blank\" rel=\"nofollow noopener\"><u>Delhi HC declares \u2018Haldiram\u2019 as well-known trademark<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well-known trademarks can be licensed or franchised to others, providing the owner with an additional source of revenue.<\/p>\n","protected":false},"author":5,"featured_media":22241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-22240","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/22240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=22240"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/22240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/22241"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=22240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=22240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=22240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}