Sunday, December 21, 2008
IP & Makeup
Over the last 6 months, I interned for a large beauty company that's over 100 years old and makes billions of dollars in revenue. While I didn't work in the legal department, I know that, like every other large corporation, this company had intellectual property lawyers. I found this interesting for a few reasons. First of all, I think it's great that this company can patent its state-of-the-art skincare technologies (i.e. in the age-defying field) since they are really special and provide a competitive edge for just 20 years. However I wonder what other IP rights a makeup company would like to pursue. Would it try to retain IP rights over its packaging? Color combinations for makeup? What about logos? I was never able to ask, but it's interesting, since IP certainly could serve dual purposes here. In the case of beauty technologies, though, I think it's great that companies can patent their innovative finds.
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