Trademark Policy
DWARF RACING® is a registered trademark under the World Intellectual Property Organization (WIPO)
Trademarks are words, logos, sounds and names which companies or businesses use to distinguish their goods and services in the market. In other words, trademark protection is there to stop unauthorized parties from using one’s brand to get a competitive advantage in the market.
The Intellectual Property Law is the comprehensive legal structure for protecting intellectual property. This, of course, includes trademarks, copyrights, patents. These three are also the three mechanisms in which intellectual property rights can be registered.
A registered trademark is valid for 10 years. It can also be renewed for another 10 years, if the owner is able to file for a renewal before the initial 10-year period ends.
In the event if any individual or company is suspected of violating any of our company’s rights, we will not hesitate to file a lawsuit. Unfortunately, subconscious copying is still considered an infringing act of copying. This occurs when it can be shown that a person has come across your work before, but he cannot remember this consciously. Even if he honestly believes that he came up with a similar logo design on his own, he may still be liable for copyright infringement.
DWARF RACING may demand for damages to compensate our company for the losses suffered as a result of the infringement. Unless the infringer can show that they are not aware and had no reasonable grounds to suspect that the act committed was an infringement of our company’s copyright.
