Trademark infringement is a major issue for companies large and small in the modern business world. A trademark is an identifiable sign, design, or expression that gives a company or product an exclusive identity in the marketplace. When a trademark is infringed upon by others, it can cause legal and economic repercussions for the owner.
When a trademark is infringed, the owner may be entitled to pursue a remedy in the form of compensation or damages. Generally, a trademark infringement occurs when a person uses a trademark without the permission of the owner to identify the same or similar products, services, or attributes as the owner. To clarify, this could include imitation trademarks, false descriptions, or advertising that misleads the public.
To preempt any potential issues, trademark owners should ensure that their trademark is properly registered and monitored. Registered trademarks indicate ownership and dispute resolution can be done swiftly and easily in the case of infringement. Local, U.S. and international filings may be necessary for companies that sell goods or services across many jurisdictions.
Cases of Recent Trademark Infringement
Perhaps one of the most famous recent cases of trademark infringement is the case of Apple, Inc. and Samsung. In April of 2011, Apple filed a lawsuit against Samsung, accusing the latter of infringing on its iPhone technology patents. The case concluded in 2014 with a verdict that Samsung pay Apple $119.6 million for infringing on its patents.
Another high profile case of trademark infringement illustrates the importance of properly protecting your trademarks. In 2016, Uber Technologies Inc. had to pay Waymo and their parent company Alphabet Inc. $245 million for infringing on its patents and other intellectual property related to the self-driving car technology. This case shows that even established, well-funded companies can be vulnerable to infringement.
Protection Strategies: Always Best to Be Proactive
As a trademark owner, it is always best to proactively pursue protection measures as early as possible. This way, owners will reduce the chances of experiencing costly damages and reputational harm associated with a potential trademark infringement. Obtaining appropriate protection is the first step, also regular checks for potential infringements should be done.
In the case of infringement, owners could seek out remedies such as an injunction, damages, account of profits, or destruction of the offending goods. Regardless, it is clear that trademark infringement can spell disaster for companies, and that is why it is essential for owners to take necessary precautions and regularly monitor their trademark usage.