translated from Spanish: A 34% increase was registered with INAPI in July

The Minister of Economy, Development and Tourism, Lucas Palacios, together with the national director of INAPI, Loreto Bresky, today released the important increase that last month recorded the number of registration of trademarks before the institution of the State responsible for safeguarding industrial property rights in Chile.On the occasion, the Secretary of State detailed that, last July , a 34% increase in the number of applications to register trademarks was shown, compared to the same month of 2019. Meanwhile, the total number of presentations so far this year amounts to 20,121.This hike goes in line with the increase that was also recorded in the number of creations of companies during July, reaching a total of 14,745 constitutions, historical record that is explained by the use of advanced electronic signature 100% online. Palacios noted that “50% of that means that they are people who have registered a brand, which tells us that people are undertaking and are also using trademark registration in order to project their business into the future.” In addition, it highlighted the importance of registering the mark for the value they have. “It is very important that, when you are going to start and you have a brand, look for a way to register it because that way another person who gets ahead, they don’t win the person who lives, and finally can own and own that brand,” he said. For her part, the director of INAPI argued that, after obtaining a successful registration, “what confers on them the trademark is an exclusive right, identify the product, a service on the market and if I manage to register it I acquire that asset and gives me an exclusivity so that others do not use my brand to identify the same products or services within the market. If so, you can also take civil or criminal action, or enforcement measures that you consider in our system.” The time was also highlighted by INAPI’s efforts to enable interested parties to make their applications to register trademarks through its institutional website www.inapi.cl, a process that can be done in full on the electronic platform.

Original source in Spanish