He National Institute for the Defense of Competition and the Protection of Intellectual Property (Indecopi) has made a clarification regarding the alleged registration of a trademark that grants exclusive rights to distinguish stuffed animals and backpacks with the name Capybara.
The entity issued a statement in this regard, pointing out that these are “inaccurate versions” that claim that a person of foreign origin has the Capibara trademark registration with exclusive rights.
“At the moment there are five registered trademarks that include the name Capybara in different areas and in the name of various natural and legal persons, both national and foreign, who were granted registration for having complied with the requirements established in the law. of the matter”, specifies the Indecopi note.
Indecopi reported that it understands the concern of the merchants of these products regarding the Christmas campaign and denies having taken actions to prohibit the marketing of this type of items.
For this reason, he recalled that the registration of trademarks is being promoted so that businessmen and entrepreneurs have a tool that allows them to be more competitive in the market, thus contributing to the reactivation of the economy.
Given the inaccurate versions regarding the registration of the Capibara brand, Indecopi informs public opinion of the following: ⤵️ pic.twitter.com/8HjIONi6ld
— Indecopi Official (@IndecopiOficial) December 3, 2024
The capybara phenomenon has been taken advantage of by manufacturers, so it has ceased to be a simple entertainment phenomenon on social networks and has become a true commercial boom with toys, stuffed animals and even its own viral song.
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