Cancellation of a trademark constitutes the cancellation of the registration of a trademark, which leads to the loss of exclusive rights from the date of registration.
There are several reasons for the cancellation of a trademark, the main one of which is illegal registration due to ignorance of previously registered similar or identical trademarks.
A similar procedure for cancellation is called "early termination" of a trademark. The main reason for early termination is not to use the trademark by the copyright holder for a certain period of time. In different countries, this period varies from 2 to 4 years.
Cancellation and early termination lead to the same consequences - termination of the trademark. However, there are some features of the consequences. Upon cancellation, the trademark is canceled from the date of registration, and in case of early termination, the mark ceases to be valid from the date of termination. This circumstance plays a significant role for a person who previously used it before the termination of the mark.
Cancellation and termination of a trademark is a powerful tool in removing barriers to the registration and use of new trademarks.
There are some differences in the legal regulations of procedures in different countries. Trademarks may be revoked or terminated in whole or in part.