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Trademark Related News

 Under Secretary of Commerce for Intellectual Property Announces FY 2006 Budget Request for the
United States Patent and Trademark Office


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 Under Secretary of Commerce for Intellectual Property Announces FY 2006 Budget Request for the
United States Patent and Trademark Office


The President’s fiscal year 2006 budget request for the United States Patent and Trademark Office (USPTO) is $1.7 billion, equaling anticipated FY 2006 fee collections from patent and trademark filings.

The FY 2006 request represents a $149 million increase over FY 2005, and reflects an anticipated rise in patent and trademark fee collections. The USPTO’s FY 2005 budget allows the agency to collect in FY 2005 and 2006 the fee increases requested by the Administration in the United States Patent and Trademark Fee Modernization Act of 2003 (H.R. 1561).

“The President’s budget request for fiscal year 2006 permits the USPTO to continue the work necessary to fulfill promises made in the 21st Century Strategic Plan,” noted Jon Dudas, Under Secretary of Commerce for Intellectual Prope
 

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Daily Terms

Opposition Proceeding

Definition:
A proceeding before the Trademark Trial and Appeal Board in which the plaintiff seeks to prevent the issuance of a registration of a mark.

Fanciful Marks

Definition:
Comprise terms that have been invented for the sole purpose of functioning as a trademark or service mark.

Trade Secret

Definition:
Business information that is the subject of reasonable efforts to preserve confidentiality and has value because it is not generally known in the trade.

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