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Amendments to Trademark Laws

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Sep 18, 2024 (Newsletter Issue 9/24)
Brazil
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New Legislation Proposed to Combat TM Registrations for Sale


Bill 2496/24 proposes a penalty of 1 to 3 months of detention or a fine for anyone registering a trademark without developing a related economic activity to sell this right to other companies.

The bill's purpose is to allow those harmed to take legal action to avoid harm to their rights.

To become law, the text must be approved by the Chamber of Deputies and the Senate.

Source: www.tavaresoffice.com.br