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Published byEdmund Atkins Modified over 9 years ago
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Trademark infringement is a violation of the exclusive rights attaching to a trademark without the authorization of the trademark owner or any licensees. Ex. When one party, the “infringer”, uses a trademark which is identical or confusingly similar to a trademark owned by another party.
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Injunction, is an equitable remedy in the form of a court order that requires a party to do or refrain from doing specific acts. Identity Misappropriation is an unauthorized use of another’s name, likeness, or identity without that person’s permission, resulting in harm to that person.
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Ticket scalping-is the act of reselling tickets for admission to events. Option to Renew-provision in a contract under which the team owner or the athlete has the choice of reinstating the concluded- contract for another term.
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Right of First Refusal-is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party.
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Certain products are protected from reproduction or use unless permission is granted by the owner. Intellectual property is a person’s thoughts or creations. Protecting intellectual property is important because: Substantial profit is a reflection of a good idea. Businesses who originate an idea and protect it usually maximize profits.
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Patents are granted for an invention or an improvement on a product. Patents are granted for a limited period of time. Trademarks and service marks. A word, phrase, symbol, or design that identifies and distinguishes the company from others. Granted legal protection through the United States Patent and Trademark Office.
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Copyrights are granted to creators of: Literary works (novels, poems, newspapers). Artistic works (photography, paintings). Broadcasts (television, radio, Internet). Films. Original musical composition. Industrial designs apply to structural designs, aesthetics, or the look of a product. Certification marks are used to protect and certify the way products are made.
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Collective marks are symbols used for a group or organization. Most sports and entertainment companies need to retain legal counsel to navigate and protect their company. The Lanham Trademark Act is designed to protect trademarks, certification marks, and collective marks. Teams or leagues such as the NFL, NBA, and Duke University own their logos.
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The owners of logos can license others to use their logo to sell merchandise. Billions of dollars of merchandise are sold without licensing. Trademark infringement is using a trademark without authorization. Team owners see this as potential loss of revenue. May result in higher prices for legally registered merchandise.
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Federal legislation that dictates universities are required to provide equal opportunities for both men and women’s sports. No one will be denied the opportunity to participate in sports based on gender. Institutions receiving federal dollars must comply.
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All public facilities must be reasonably handicapped accessible.
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Federal legislation to protect industries from having one competitor that discourages competition within the industry. MLB is the only branch of sports identified as exempt from the Sherman Antitrust Act.
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Sets standards to protect employees from being injured on the job.
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