Yes. The owners of a registered trademark establish these rights: 

• Exclusive right to use the mark
• Right to object to later conflicting applications
• Right to appeal against conflicting registrations to be cancelled
• Right to take a legal action against anyone that infringes the mark
• Right to demand for payment from third parties that infringed the mark
• Right to license and authorize third parties to use the mark
• Right to appeal for the seizure of importation of fake goods