When a person uses another person's intellectual property in a way that diminishes its value, that action is called infringement. Infringement can involve patents, copyrights or trademarks.
Trademark law is an important part of business law, because it helps businesses protect their images. LBJ Trademarks, LLC, is a business that is run by Lebron James. Recently, he trademarked the phrase, "Nothing Is Given. Everything Is Earned." He also trademarked, "The I Promise School Nothing Is Given. Everything Is Earned."
If you plan to run a business, you may be trying to decide if you want to register your trademark. It's a good idea to do so in most cases, because you don't want to become successful and then be unable to obtain the domain name you want. There are several kinds of domain names you can obtain.
The internet has allowed companies to find new ways to offer services to customers. As these opportunities emerge, so does the chance for collaboration. However, with innovation and collaboration comes competition, and the first company to bring an idea to market often wins the spoils of ingenuity and innovation. An ongoing dispute between a company offering online vision tests and another offering eyewear shows the importance of protecting trade secrets.
When you get a patent in the United States, you may think that is all you need to do to protect your property. It's not, though, especially if you plan to take your goods overseas or into other countries.
Cybersquatting is a term you may not have heard of in the past, but it is becoming more common. It is an act in which a person registers, uses or sells a domain name with a trademark he or she does not own. The individual's goal is to make a profit from the mark.