Draft Law for a new Chilean IP Legislation
The local PTO considers that Law N° 19.039 concerning IP matters should be modified and updated. For this reason, and following the local proceedings, the IP authority sent the draft law to the congress for analysis.
The new legislation will provide new tools to defend IP rights following an easy process, with more legal certainties for the users. This could be a benefit for development of the country in several aspects.
The draft law has the objective of promoting the innovation and transfer of knowledge among consumers, who will be able to distinguish between products and services present in the market in a better way.
The main points of this legislation can be summarized in three aspects:
a) New trademarks categories are included, such as three-dimensional trademarks.
b) There are more benefits concerning fees
c) The trademark and patents process would be improved and simplified.
In light of the present scenario, the public will have to wait until the final approval of the draft law so there will be a new and modern IP Law in Chile.