Oscar Mago March 6 2023 How is Indecopi's collective marks programme helping Peruvian families? OMC Abogados & Consultores | Intellectual Property - Peru Oscar Mago Intellectual Property "Collective trademarks" are signs that identify the origin or characteristics of products or services which correspond to the members of an organisation or group. Their use is reserved for the members of the organisation and they enable the organisation to distinguish its goods or services in the market from those that are similar and that belong to third parties (for further details, see "Collective trademarks in Peru").The National Institute for the Defence of Free Competition and the Protection of Intellectual Property's (Indecopi's) collective marks programme is designed to promote the competitiveness and positioning in the market of products and services, contributing to the economic recovery of Peru. It aims to provide training, advice and support in the registration, use and management of collective trademarks, positioning them as a tool that:adds value to products and services;promotes the development and competitiveness of entrepreneurs; andcontributes to local and regional development.In 2022, Indecopi's Directorate of Distinctive Signs granted 1,222 registrations of collective marks for free. By eliminating the 534.99 sol (approximately £117) fee, the programme enables organisations such as producers, artisans and micro and small Peruvian companies – which represents 11,037 families, including 4,802 women – to save approximately 700,000 soles (approximately £153,000) on administrative expenses.For further information on this topic please contact Oscar Mago at OMC Abogados & Consultores by telephone (+51 502 6467 or +51 635 0641) or email ([email protected]). The OMC Abogados & Consultores website can be accessed at omcabogados.com.pe.