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Apple has officially lost 'iPhone' trademark in Brazil

Apple loses "iPhone" trademark exclusivity in Brazil after INPI rules in favor of IGB Electronics
By: Trace Hagan | Business, Financial & Legal News | Posted: Feb 13, 2013 9:02 pm

Apple is no longer allowed to use the "iPhone" trademark exclusively in Brazil after the Brazilian Institute of Industrial Property (INPI) has ruled that IGB Electronics SA own the rights to the name. The INPI ruled in favor of IGB Electronics as the company has owned the rights to the name since the very early 2000's.

 

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Apple is still allowed to sell devices under the iPhone trademark, though this could open them up to a lawsuit by the trademark's owner. IGB Electronics could attempt to gain exclusive rights to the name through a lawsuit or could deal with Apple to let Apple pay them royalties in exchange for exclusive use.

NEWS SOURCES:Mobilegeeks.com

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