KERALA WON BATTLE AGAINST KARNATAKA FOR KSRTC
- June 5, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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KERALA WON BATTLE AGAINST KARNATAKA FOR KSRTC
Subject : Economy
Context : After a seven-year legal battle for the trademark, Kerala has announced that the Trade Marks Registry’s final verdict on Wednesday gave it the right to use the abbreviation KSRTC, its emblem, and even the nickname ‘Anavandi’, which means elephant vehicle.
Concept :
Trademark
- Trademark refers to graphical representation of goods or services to make it distinguishable from others.
- It can be words, symbols, sound, colours, shape of goods, graphics representation or packaging etc.
- It protects owner against unfair competition, prevents damage to reputation of owner and consumer welfare.
- In India, trademarks are governed under Trademarks Act, 1999 ( it deals with precise nature of rights one can acquire in respect of trademarks), under aegis of Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce.
- The implementing body is Controller General of Patents, Designs and Trademarks.