Is Pinocchio public domain?

Excuse me, could you clarify something for me? The mention of "Pinocchio" in this context has piqued my curiosity. Are we referring to a character or concept that is widely known and no longer protected by any copyright or trademark laws? In other words, is "Pinocchio" considered to be in the public domain, allowing for its free use and adaptation without legal repercussions? I'm just trying to understand the status of this particular entity in terms of its legal ownership and availability for public consumption.