What is well-known trademark in India?
The Trademarks Act, 1999, defines well-known trademark as, “a mark which has become so to the substantial segment of the public which uses such goods or receives such services that the use of such mark in relation to other goods or services would be likely to be taken as indicating a connection in the course of trade …
Who can Recognise a mark to be a well-known trademark?
Section 11 of the Trademark Act, 1999 provides protection of Well- Known Trade mark and protection for the marks which are registered in good faith. According to Rule 124 of the Trademark Rules, any person can apply for Registration of Well- Know Trademark.
What is the most well-known trademark?
The Top 10 Most Valuable Trademarks
- Google is the most popular search engine, and its trademark is worth $44.3 billion. …
- Microsoft has a trademark value of $42.8 billion and a market cap of $204 billion. …
- Walmart has a trademark value of $36.2 billion and a market capitalization of $184 billion.
What are some well-known trademarks?
Famous marks are those that have an immediate connection in the minds of the consumers with a specific product or service and the source of that product or service. Examples of famous trademarks are APPLE, COCA-COLA, MCDONALDS and NIKE.
Is Tata a trademark?
In a recent judgment, the Delhi High Court pronounced that the mark TATA has acquired the status of a “well-known” mark on account of its usage for a long period of time.
What is transborder reputation?
Transborder reputation is embodied in Section 35 of the Indian Trade Mark Act, 1999 and it offers protection to foreign trade marks on the basis of their international reputation. … In our judgement, the good will or reputation of goods or marks does not depend on its availability in a particular country.
What are examples of trademark?
Types of trademarks include:
- Brand names like Apple, McDonald’s, and Dolce & Gabbana.
- Product names like iPod and Big Mac.
- Company logos like the golden arches at McDonald’s and NBC’s peacock logo.
- Slogans like Capital One’s “What’s in your wallet?” and McDonald’s “I’m lovin’ it”
Is passing off a tort?
In common law countries such as the United Kingdom, the Philippines and New Zealand, passing off is a common law tort which can be used to enforce unregistered trade mark rights. The tort of passing off protects the goodwill of a trader from misrepresentation.
What is the most expensive trademark?
The Most Valuable Trademarks in the World – Top 10
- Amazon – 416 Billion Dollars.
- Apple – 352 Billion Dollars.
- Microsoft – 327 Billion Dollars.
- Google – 324 Billion Dollars.
- Visa – 187 Billion Dollars.
- Alibaba – 153 Billion Dollars.
- Tencent – 151 Billion Dollars.
- Facebook – 147 Billion Dollars.
Are trademarks worth money?
Trademarks embody consumer recognition and goodwill
Because trademarks represent consumer recognition and goodwill, they can be extraordinarily valuable assets, both in absolute terms and as a portion of a company’s overall value.
What is Coke trademark?
The Coca-Cola Corp owns the trademark to the name Coca-Cola, as well as the trademark on the bottle shape, and the graphic representation of their name. These are all things that help distinguish them from other cola brands and define their individual product. Coca-Cola also owns the patent on their formula.