Posts Tagged: "government subsidy"

USPTO to Propose Rule Requiring Foreign Trademark Applicants to Use U.S. Licensed Attorneys to File Documents

The U.S. Patent and Trademark Office is working on developing a rule that would require foreign trademark applicants and registrants to be represented by a U.S. licensed attorney when filing trademark documents with the USPTO. The rule will enter a public comment period in November, when the Office plans to issue a notice of proposed rulemaking on the new requirement. The public comment period will end in February leading up to a final action next June which will become effective in July 2019.

Government subsidies helped Elon Musk attain $13.3 billion net worth

To Musk’s credit, he has not denied that his companies received substantial government assistance, and it seems as though he’s never refuted the amount of money he has received, which one reporter for the Los Angeles Times pegged as high as $4.9 billion when accounting for public assistance to any of Musk’s companies. In Musk’s mind, the benefits that his corporations pose in the form of new age technologies and well-paying jobs more than make up for the public investment into his business activities. He’s also keen to point out that his companies would still be in business without government assistance, a point that is nearly impossible to prove. Further, he sought to deflect inquiry by pointing out that the incentives his company has received “are a tiny, tiny, pittance compared to what the oil and gas industry receives every year.”