Losing Protection of Registered Trademarks by Abandonment
Trademarks are an important part of any business. Once a mark is registered and, therefore, federally protected, the protection afforded by the registration is dependent upon continued use of the mark. The owner of a trademark loses its rights to a mark if it does not use the mark in a consistent and controlled manner.
The Basics of Copyright and Trademark
Copyrights and trademarks are collectively known as intellectual property rights. A copyright protects an original artistic or literary work. A trademark protects and identifies the source of goods of one party from those of another, and, similarly, a service mark protects and identifies the source of a service, rather than a product.