The Patent and Trademark Office (PTO) is a government agency responsible for granting patents for inventions and registering trademarks for products, services, and brands. Its primary role is to administer the patent and trademark laws of the United States, which provide protection for intellectual property and promote innovation and commerce. The PTO examines patent and trademark applications to ensure they meet the statutory requirements and do not conflict with existing patents or trademarks. Once granted, patents provide inventors with exclusive rights to their inventions for a limited period, while trademarks distinguish the goods or services of one seller from those of others. The PTO plays a crucial role in fostering innovation, protecting intellectual property rights, and promoting economic growth and competition.
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This glossary post was last updated: 29th March 2024.
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