Trademark Modernization Act Provides New Tools to Cancel or Stop Trademark Registrations
The Trademark Modernization Act of 2020 (the Act), signed into law on December 27, 2020, will give trademark owners powerful new tools to cancel improperly granted trademark registrations and to stop pending registrations from being granted. By no later than December 27, 2021, the Act requires the U.S. Patent and Trademark Office (USPTO) to implement new procedures for cancelling registrations or refusing to register pending applications. The Act is designed to make it less time-consuming and expensive for trademark owners to cancel or prevent marks from being registered that do not have a valid basis for registration. Prior to these procedures, the only recourse for trademark owners was to file a petition to cancel with the Trademark Trial and Appeal Board, which can be as time-consuming and expensive as filing a lawsuit in federal court. The new procedures are a welcomed development for trademark owners frustrated by a trademark registry that contains countless fraudulent or overbroad registrations that prevent legitimate marks from being registered.
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