Showing posts tagged with: trademarks
09Jul
What are the risks to consumers of Counterfeit Products?
by MariaLXPropiedad Industrial

Every day thousands of counterfeit products are seized in Spain, sold through different channels, both online, markets and establishments.

 

It must be borne in mind that the production, distribution and sale of these products constitutes a crime against Industrial Property and may constitute a crime against Public Health.

 

Counterfeit products are of all kinds: clothing, watches, toys, mobile phones, food products, medicines, body care products, or power tools.

 

These products do not usually meet the minimum quality standards, in addition to not passing the necessary sanitary controls, so they can be very dangerous for our health. Among other damages, they can cause allergies, suffocations, deformations of the feet, poisonings and even resistance to official medications or even death.

 

To prevent the sale of these products, some digital platforms are already taking measures to block sellers of these products, for example, the creation of Counterfeiting Crime Units, or also provide consumers with the data of sellers of the different products, so that they can check the reliability of the seller.

 

Furthermore, being dangerous to our health, these products cause, in Spain alone, annual losses of 6,766 million Euros and a loss of 53,467 annual jobs.

 

For all these reasons, please make sure that you are making a secure purchase.

 

July 9, 2020

Lexlem Abogados

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29Jun
Why opening a business in China for small, medium and large companies is a good option. We help you with the Registration of Patents and Trademarks in China and the rest of Asia.
by MariaLXPropiedad Industrial

In 2019, China surpassed the United States as the country of origin for international patent applications filed with WIPO, being the first time in 40 years that the United States has been surpassed in PCT registration.

According to WIPO data, last year, a total of 265,800 international patent applications were filed via PCT, coming from 58,990 in China, while from the United States were 57,840. Japan, for its part, remains in 3rd position and South Korea in 5th.

These numbers highlight the long-term trend of innovation shifting to the East, as more than half of PCT applications come from Asia.

Why is interesting that my company opens a business in China?

China is in a key position compared to other Asian countries.

In fact, it is the leader of its region and the 2nd economy worldwide. It is the country with the largest number of inhabitants and with the highest economic growth in the last 25 years. In fact, there are more and more middle / upper class with consumption capacity.

What are the conditions for investment?

The conditions are optimal since, broadly speaking, there is an abundance of employment, low cost of land, market potential, favorable legislation for foreign investment, commercial opening.

China is currently considered “the factory of the world”, but it is also the center of studies and business for large multinational companies.

Shipping in China

60% of world freight shipping is generated in Asia.

And of the 10 largest sea freight ports in the world, 6 are in China.

Patents and Trademarks in China

For all the above, if you decide to open a business in China, we can help you with the registration of your trademarks and patents in China, in addition to all of Asia, in order to protect your company and be able to prevent third parties from taking advantage of your work, time and investment.

For more information, contact us, trust professionals: info@lexlem.com

 

June 29, 2020

Lexlem IP

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22Jun
Self-employer or business owner: Why is important to register your trademark to protect your business?
by MariaLXPropiedad Industrial

If you have started a business, or have developed a new product, surely you will have invested a lot of time and money in its start-up, preparing a business plan, choosing a name, advertising, web, social networks, commercial premises…

However, you have not thought about registering your trademark. And this is a big mistake.

 

Why?

Firstly, because if your trademark succeeds, it is likely that any competitor wants to use it and benefit from your effort and investment and, to do so, register the trademark. If this happens, it is quite likely that you will be forced to change the trademark of your products and/or services. With all the inconveniences that this entails. Customers will stop associating your products or services with the new trademarks and you may lose customers. In addition, having to change the trademark on all the items that carry it will incur many additional costs.

On the contrary, if you have your trademark registered, the law gives you the exclusive right to use it, so you can prevent the above from happening. In addition, you can also prevent third parties from using your trademark fraudulently for counterfeit products, with the damages and losses that this topic implies.

You can also grant licenses to third parties, thus obtaining economic benefits for the payment of royalties and, in addition, you will preserve the quality of the products or services.

Also, trademark can be sold if you are not interested in maintaining it for whatever reason.

 

Basic information about trademarks

As a trademark, you can register: words, images, figures, symbols and graphics, letters, figures and combinations thereof, three-dimensional shapes, sounds, any combination of all the indicated.

Products and services that can be protected: There are 45 classes of products and services. A trademark can be applied for one or more of these classes, depending on the products or services for which it is going to be used. The choice of these classes and the products and/or services is very important since it may depend on the trademark being registered.

Territory: a trademark can be registered at national, community or international level. Before filing, it is necessary to search to see if there are identical or nearly identical trademarks in official records, to minimize the risk of the trademark being denied.

Duration: a trademark, depending on the territory in which it is registered, usually has a validity of 10 years, and may be renewed for successive periods of another 10 years, unlimitedly.

 

Therefore, if you want to protect your business, we advise you to register your trademark.

 

For more information, contact us, trust professionals: info@lexlem.com

 

Maria Carcelen

22th June 2020

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