Recession hits CTM applications
18 February 2009
Managing Intellectual Property
Applications for Community trade marks fell sharply in the last quarter of 2008, with US and UK businesses showing the biggest drops
The fall meant that the total number of applications filed in 2008 declined compared to the previous year – the first annual fall in applications since 2002.
Statistics revealed by OHIM today show that the Office received 87,327 CTM applications in 2008 compared to 88,339 in 2007.
The drop in applications is most likely to be due to cutbacks caused by the global recession,...
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