For many companies,
the most valuable asset is the good will associated with company’s
name or other names or designs which designate the origin of the
company’s products. Whether it is a reputation for quality
or innovation, branding is important. It is equally, important,
however, to keep others from capitalizing on the goodwill by adopting
confusingly similar trademarks. By properly protecting trademarks
early, a company can discourage competitors from adopting similar
names and can increase the likelihood of a prompt resolution to
any attempts to misappropriate the company’s good will. Failing
to promptly protect the trademarks, in contrast, can significantly
interfere with enforcement of trademark rights in the future.
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