A Review on Trademark and Its Enforcement Provisions under TRIPS
Keywords:
Intellectual Property, IP Rights, Trademark, Trade Related, World Trade OrganizationAbstract
The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) for the protection and promotion of Copyright Protection (IP) rights in World Trade Organization member nations includes trademark provisions (WTO). Implementation and compliance with TRIPS trademarks and enforcement clauses (15-21, 41-61) are two separate things, e.g., adoption of law and its application, therefore more work is needed to ensure successful functioning of IP rights in participating countries. TRIPS are really the only intergovernmental organization with comprehensive procedural safeguards for IP rights enforcement in member states. This paper utilizes a qualitative study approach to examine TRIPS rules dealing with trademark and their enforcement processes (41-61) in participating nations. Member nations' trademark infringement mechanisms must be appropriate, timely, and not difficult, exorbitant, or labor intensive. Signature style enforcement procedures must also be based on due process of the law and a fair trial, allowing accused persons to sue for damages and compensatory damages for losses suffered at the hands of infringement of trademark, obtain injunctions to prevent future encroachment, and punish fraudulent practices with long prison sentences. TRIPS trademark and prosecution clauses must be observed by participating nations due to obstacles in administering enforcement requirements, such as a paucity of IP expertise, IP professionals, vast borders, a lack of resources, and so on. This must be addressed out in effort to enhance and safeguard reasonable trade activity in participating nations, a protracted undertaking that must be accomplished by beneficial initiatives in light of Weekends away trademark and enforcement regulations.
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