What are the functions of trade marks?

A good trade mark gives confidence to consumers and urges them to keep buying the trade marked goods, thus solidifying the market position of the proprietor’s trade mark against competing manufacturers. Hence, trade marks are essential means of market competition. We have collected several functions of a trade mark to illustrate a handful of examples of how you can use your trade mark.

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TrademarkAndras Pintz
What is inventive step?

An invention needs to involve an inventive step, meaning that it may not be obvious for a person skilled in the art. Patents in most countries are granted for inventions that are new, involve an inventive step and are susceptible of industrial application.

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PatentAndras Pintz
You deserve a better name!

Whenever a new product is born, a name needs to be found for it. Though somewhat similar to the birth of a child, where you try to find a name differing from those of other children in the family, the problem of naming a product is much more complicated, since all similar products are, in a sense, sisters and brothers of your product. Besides, you need to raise, care for and watch over the name of your product, if you want to avoid future complications.

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TrademarkAndras Pintz
Franchise and Love

The more of it you give away, the richer you become. What is it? Well, love, for one. But looking from a different angle, franchising could be a good answer, too! If you give away the business experience and trade mark of a successful undertaking, both you and your partner might become richer. In other respects, love and franchise are not the same. Love is always free, but you have to pay for a real franchise.

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What Future for the EU Trademarks After Brexit?

At the end of the transition period (1 January 2021), registered EU Trademarks will no longer be valid in the UK. On 1 January 2021, UKIPO (Intellectual Property Office of the United Kingdom) will create a comparable UK trademark for every registered EU trade mark (EUTM). EU TM owners need to consider now how these new 'cloned' UK TMs and applications are going to affect their TM strategy.

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Another update on unitary patent

The Hungarian constitutional court brought a decision (Friday, June 29, 2018) on the compatibility of the planned unitary patent system and the Hungarian constitution, or, to be more precise: how the suggested Unified Patent Court (UPC) would fit in the Hungarian legal regime. The bad news: it doesn’t.

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