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Is the Madrid TM System really cost-effective?

The Madrid Protocol is said to be "... a cost-effective way for trademark owners to obtain trademark registration through a centralized filing procedure, in several countries simultaneously."

Does this mean that the Madrid Protocol will always be the less expensive option, as opposed to filing a bundle of national and/or regional applications?

 

For smooth applications/registrations, filing an international application via the Madrid Protocol may in principle, be more cost effective since you file one application, rather than a bundle of nati ... [read more]
@angrymama77, you might also want to refer to an earlier post here about IRs (which is another name for Madrid Protocol TMs): https://ip-lawyer-tools.com/qa-forums/topic/ir-or-national-filing/ You als ... [read more]