When approaching the topic of parody, questions usually arise as to the boundaries between parody and the original work, namely in the context of copyright.'he legislative technique for settling those boundaries within the copyright context is not uniform throughout Europe. In particular, difficulties can be detected at the primary level, concerning issues such as the nature of parody. Despite the uncertainties that surround the subject of parody in the field of copyright, parody is no longer confined to that domain and has in fact found its way into area of trademarks. Other unresolved problems also exist. In particular, whereas a common rationale concerning parody can be established for both copyright and trademarks, that rationale represents merely a starting point when it comes to ascertaining the limits of parody.'he weighing of interests at stake and other relevant criteria are considered in this article with the intention of clarifying this matter. A comparative study of three chosen jurisdictions is also undertaken in order to shed light on this issue.'he primary goal of this article, then, is to establish common standards in the specific context of admissible parody, thereby providing some guidelines for future disputes.