Implication of federal trademark dilution act to U.S. Business
Summary :
Table of Contents
- Intellectual property has many forms.
- Even in the earliest course of history, people have been practicing trademarks indirectly.
- Filing for application of trademarks.
- The Landham Act ( Title 15 ,Chapter 22,United States Code).
Abstract
Intellectual property has become a global concern in these last few decades due to the increased trade brought about by the internet. In an article posted at Focus, Field (2006) reported that in the United States alone, for example, studies in the past decade have estimated that over 50 percent of U.S. exports now depend on some form of intellectual property protection, compared to less than 10 percent 50 years ago. Even on a global scale, India was severely affected by intellectual property abuse for some decades causing the migration of its scholars, writers, academicians, and scientists to migrate to countries that can protect their intellectual property rights. Thus, when the Trade Mark acts of 1999 was passed into a law in India, this gave a boost to their economy.
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