Dubai Economy: Trademark files record 14% growth at the end of the first quarter - The Commercial Compliance & Consumer Protection (CCCP) sector
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has revealed that a total of 5,300 trademark files have been registered as of the first three months of 2020, a 14% increase compared to Q1 2019, while the total infrigement complaints on intellectual property (IP) rights registered in Q1 2020 was 95, a 34% decrease over Q1 2019. The number of registered commercial agency files rose 121% from Q1 2019 to reach 53 in Q1 2020. Notably, two infringement complaints only were registered against commercial agencies in Q1 2020, a marked decrease of 71% over Q1 2019.
US trademarks still constitute the largest share of files (1,610) registered in the 'IP Gateway' of Dubai Economy since its inception, followed by Emirati (790), German (375), French (329), and British (298) files.
Swiss trademarks topped the rise in the registration of new trademarks in the IP Gateway in Q1 2020 with a 50% increase compared to Q1 2019, followed by the British Virgin Islands (32%), Emirati (22%), French (20%), and German (17%) trademarks.
The largest share (29%) of infringement complaints on IP rights was for Swiss trademarks in Q1 2020, followed by US (18%), German and French (14% each), and Emirati (8%) ones. CCCP also registered new trademark-related complaints from Arab countries such as Lebanon, Jordan and Syria, while there were no IP infringement complaints on Japanese, Chinese, Korean and Spanish trademarks.
Clothes were the leading category (18%) of goods involved in the complaints, followed by non-metallic jewellery (14%), watches (13%), glasses (11%), and bags and leather products (8%).
Mohammed Ali Rashed Lootah, CEO of CCCP, said: "The results achieved during Q1 2020 reiterate the vital role played by Dubai Economy in protecting investor rights, thus enhancing business confidence and the economic environment in the emirate. The increase in commercial agency files registered with Dubai Economy reaffirm that Dubai is an attractive destination for the best trademarks around the world. It also reflects the growing global role of the retail sector in the emirate in enhancing competitiveness among trademarks and commercial agencies."
Dubai Economy encourages owners of trademarks, IP, and commercial agencies registered in the country to register their files on the IP Gateway and ensure protection of their rights, especially as IP is one of the prime requisites for building an innovation-driven and knowledge-based economy. All IP transactions are completed smartly through the IP Gateway without the need for customers to visit Dubai Economy, and services are available in five languages: Arabic, English, Japanese, French, and Italian. Customers can visit the IP Gateway through https://ipp.dubaided.gov.ae or via the IP Gateway application available on the Apple and Google stores.
News Source : http://ded.ae/English/MediaCenter/Pages/PressReleasesDetails.aspx?ItemId=498