MGMT 217 Chapter Notes - Chapter 8: Trademark Dilution, Lanham Act, Service Mark

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Intellectual property= property that results from the intellectual and creative process: ex"s: information contained in books and computer files, the apps on your iphone, the movies you watch, and the music you listen to. If protected by prior use rather than registration, use the tm symbol: amended with the federal trademark dilution act (1995) = allowed trademark owners to bring a suit in federal court for trademark dilution. In 2006, congress further amended the law by passing the trademark dilution. Lanham act: unique trade names are protected under the common law, not the lanham act. Use has protection rather than first to file. If court determines the infringement was willful, the court can triple the amount of damages rewarded (treble damages) In 2006, the u. s. supreme court ruled that patent holders are not automatically entitled to a permanent injunction against future infringing activities.

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