Why does government allow firms to trademark their products

Assignment Help Microeconomics
Reference no: EM131021787

The National Football League (NFL) has a trademark on the name "Super Bowl" for its championship game. Advertisers can use the words Super Bowl in their advertising only if they pay the NFL a fee. Many companies attempt to get around this trademark by using the phrase "the big game" in their advertising. For example, a few days before the Super Bowl, a consumer electronics store might have an advertisement with the phrase "Watch the big game on a new LED TV." In 2006, the National Football League filed for a trademark on the phrase "Big Game," although it eventually withdrew the filing after firms such as Domino's Pizza, Dell, Time Warner Cable, and some universities filed an objection with the U.S. Patent and Trademark Office.

a. Why does the government allow firms to trademark their products?

b. Would consumers gain or lose if the NFL were allowed to trademark the phrase "Big Game"? Briefly explain.

Reference no: EM131021787

Questions Cloud

Should the companies re-brand their products : Hormel's Spam brand name is widely ridiculed and is associated with annoying commercial messages received via e-mail. Think of other cases of companies failing to protect their brand names. What can companies do about the situation now? Should the..
Carburetors, compute the total cost of making : Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product.
Why does government allow firms to trademark their products : In 2006, the National Football League filed for a trademark on the phrase "Big Game," although it eventually withdrew the filing after firms such as Domino's Pizza, Dell, Time Warner Cable, and some universities filed an objection with the U.S. P..
Engineering calculations to justify component selection : Include a discussion of the importance of electrical isolation when interfacing microcontrollers to higher voltage inductive circuits (motors). Include detail of how electrical isolation can be achieved to protect the microcontroller and motor.

Reviews

Write a Review

Microeconomics Questions & Answers

  Calculate total surplus of the market with the price ceiling

A market has a demand curve described by P=30-Q, a supply curve described by P=16+Q, and a price ceiling of 20. Calculate the Total Surplus of the market with the price ceiling?

  What should it do if it wants to increase the foreign

If the Fed wants to decrease the value of the dollar on foreign-exchange markets, what should it do? What should it do if it wants to increase the foreign-exchange value of the dollar?

  Calculate maximize total industry profits

The two beverages companies Barnco and Petrico are duopolists who produce identical products. Demand for the beverages is given by the following linear demand functions: P=200-q1-q2, where q1 and q2are the quantities produce by the respective firm..

  Examine and outline three most likely reasons for growing

analyze and outline the three most likely reasons for growing food insecurity in the united states. do you think food

  Find the consumer price index (cpi)

Consider three consumer goods: 100 of Good A, 100 of Good B, and 100 of Good C. In the base year, Good A sold at a price of $1, Good B sold at a price of $1, and Good C sold at a price of $1. In the current year, Good A sold at a price of $3, Go..

  Change in short run aggregate supply-demand-pull inflation

What is the overall effect on prices, output and employment? We have seen two causes of inflation in cost-push and demand-pull. One is related to a change in aggregate demand (AD) while the other is related to a change in short run aggregate supply (..

  How long has wal-mart made positive economic profits

How long has Wal-Mart made positive economic profits? How long has Starbucks earned positive economic profits? Has entrepreneurs been able to innovate and otherwise compete with Wal-Mart and Starbucks?

  Partial credit for correct methodology but incorrect plot

cleanauto inc. has four workers julie ian devon and thomas. cleanauto inc. provides two services interior vacuuming

  Presume that the economy is in long-run equilibrium

Presume that the economy is in long-run equilibrium. For each of the following two scenarios describe what happens to aggregate demand, price level, and output and illustrate your answer with a graph.

  Impact of the gasoline price increase on the demand for cars

In 2009 - 2010, the quantity of cars produced and sold decreased by 20%. Through the same period, the price of cars increased by 5% and the cost of gasoline increased by 20%. We know that the cross elasticity of demand of gasoline is -0.3. Calculate ..

  Purpose of an investment decision

Prepare a written report of the company for the purpose of an investment decision from Australia. Please value the company and decide if you would invest in the companies.

  Brazil agricultural so competitive

1. What is Brazil's agricultural so competitive? Why do its manufacturing industries lack competitiveness?2. Why have Brazil's governments in both the 20th and 21st century been eager to develop world-class manufacturing?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd