By registering your trademark, you may make sure it is distinct from other registered trademarks. Suppose you unintentionally use someone else’s name or brand. In that case, you risk being sued by the owner of the registered trademark, having to pay fees and fines, and being forced to forfeit any profits you made using the unregistered mark.
Protection against unfair Competition
An effective tool against unfair competition is a registered trademark. Today’s market is flooded with imitators and counterfeiters who take advantage of dishonestly utilized brand names for their gain. An effective deterrence against such unfair competition is a registered trademark. The trademark owner has recourse under the trademark statute if a third party uses their mark without authorization or copies it.
A registered trademark is under the sole control of its owner. The owner may use the same trademark for any additional goods falling under the class or classes listed in the application. The owner also owns the trademark and the right to prevent anyone from using it in the class or classes for which it has been registered. Additionally, it gives the owner the authority to bring legal action against any unauthorized infraction.