Significance of Trademark Registration
Trademarks can be in the form of a term, letter, an expression or sign that is used to identify the source of the goods and services from a specific producer or manufacturer for the purpose of recognition and indication of the source of the product.
When trademark registration is done, it helps to ensure that each and every organisation, manufacturer or company does have a unique trademark of their own and to prevent the repetition of a similar trademark that has already been registered.
Trade mark registration plays a very important role in any society that carries out business activities or produces certain goods and products.
In this article, we are going to discuss the various ways in which trade mark registrations plays those very important role not only in business but also to the different owners of different businesses. The authorities which are responsible for trademark registration help in facilitating peace in that they ensure that different business and companies use different and specific logos to identify their goods and eservices and us a result preventing any conflicts between them resulting from the sharing of the same logo.
The major role of trade mark registration is to prevent unfair competition by protecting the use of certain specific symbol, word, design, phrase or logo that exclusively distinguishes the goods and services of one firm, organisation, company or business from the other.
Another reason why trademark registration very imperative in any business is that they ensure that the rules and regulations that protect both the manufacturers and the consumers of certain products and services are followed before registering the company.
The trademark registration authorities and management also helps to come up with registration rules and regulations which are very important because they help the consumers to avoid getting confused and indeterminate concerning which products and services they want to buy, for instance when there are different companies or business using the same logo in their brands of products and services it might be hard to tell which product is the legit one that you want.
Through the services offred by the trademark authorities, it enable companies, business owners and organisations in developing the goodwill of their products and service to helps to also ensure that other parties are prevented from exploiting the brand of the company’s or organisation’s products and services.