IKEA – No more trademark right in Indonesia
IKEA loses the right to the trademark in accordance with Indonesia’s Supreme Court. The local company PT Ratania Khatulistiwa registered trademark IKEA in December 2013.
IKEA, whose name is an abbreviation of “Ingvar Kamprad from Elmtaryd, Agunnaryd”, lost the trademark to a company from Surabaya, PT Ratania Equator, who registered the IKEA trademark as an acronym for “Intan Khatulistiwa Esa Abadi”.
The ruling said IKEA, who registered their trademark in Indonesia in 2010, had not actively used the trademark in three consecutive years for commercial purposes and it could be cancelled under Indonesia’s trademark law.
There has been no announcement yet as to what IKEA will do next in the wake of the Supreme Court’s rejection of their appeal. It seems unlikely that the company will simply pull out of Indonesia after having invested so much to enter the market. To be continued.
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