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Inside Track: Competition & consumer – In the media & cases - Anti-trust/Competition Law

CONTRACT - construction - exclusive licence granted to plaintiffs to use defendant s registered trade marks on prescribed cheese and butter products - whether defendant prohibited from using the trade marks on any products - whether prohibition on defendant s use of trade marks limited to products as defined in agreements - prohibition on defendant s use of trade marks limited to products as defined. RECTIFICATION - unilateral and common mistake - claim for rectification of agreements to insert the words on or in relation to any product or otherwise whatsoever - whether at the time of executing agreements plaintiffs misapprehended that the

Recommended Ways To Protecting Business Concepts As Intellectual Property Rights In Nigeria - Intellectual Property

contrary to honest commercial practice. 18 Trademark The name, logo, slogan, or hashtags of a business concept may be protected as trademarks. A trademark right can be obtained by registration at the Nigerian Trade Mark Registry or through use. This form of protection grants the owner exclusive rights to use the mark in connection with the concepts and enables users distinguish the concept from other concepts available in the market. It may also prevent third parties from marketing their company under an identical or confusingly similar trademark. 19 Upon registration, the proprietor s right in the trademark subsists for 7 years and is subject to renewals at 14-year

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