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In saturated markets, many brands have to push the boundaries to be heard above the cacophony of marketing noise. Kmart’s ‘ship my pants’ and Kraft’s ‘get your chef together’ are genius examples of how using risqué wordplay can create catchy advertisements and brand awareness. But how far can the envelope be pushed?
Michael A. Einhorn is an economic consultant and expert witness in the areas of intellectual property, media, entertainment, and technology. He received a B.A. from Dartmouth College and a Ph. D. in economics from Yale University, and is a former professor of economics at Rutgers University. He is the author of seventy articles related to intellectual property and economics, as well as the book Media, Technology, and Copyright: Integrating Law and Economics. Dr. Einhorn has worked on matters in trademarks, trade secrets, and false advertising that have involved Samsung Electronics, Dish Network, Madonna/Material Girl, Jakks Pacific, Kische USA, Oprah Winfrey/Harpo Productions, Avon Cosmetics, The New York Observer, the Kardashians/BOLDFACE Licensing), The Weather Channel, Hasbro, J. Walter Thompson/Banco Popular, Kia Motors, Coca Cola, and General Automobile Insurance Company.
From the vantage of an economic expert active in valuation of intellectual property, this blog reviews some issues in remediation in U.S. trademark law, with particular regard to litigation concerns that damage experts should be made aware of. This blog is a shortened version of a paper available online that includes fuller analysis and citation, and is the first of a series of related blogs that will appear on this website.
The 4 Horsemen of the Brandpocalypse
It was late on Halloween evening
And the office had quietened down.
A lone trademark attorney
Sat at his desk and frowned.
"Although the trademark is an essential element in the system of undistorted competition its purpose is not, however, to protect its proprietor against practices inherent in competition" (1).
For the marketing team charged with the creation of new brand names, finding a name that conjures up the right image, resonates with potential customers and conveys not just the core functionality of the product but also the benefits, is absolutely critical. Legal safety then adds a new dimension of complexity to an already complicated and challenging process. Finding or creating the perfect name and then having it rejected is heartbreaking.
Around the world, each country has developed differently. Even between countries that share common ancestors and language, the differences can be astounding. The business globe is split into ‘key regions’ where closer countries are grouped together - such as North America, EMEA, Europe and Asia. As you move from looking at countries to continents, the gap in natural cultural understanding of those markets tends to grow wider.
As every student of law quickly learns, there is a vast gulf of difference between the theory of law and its application in practice. The Madrid System of filing for international trademark registrations is a prime example. In theory, the Madrid System administered by the World Intellectual Property Office (WIPO) in Geneva offers a simplified and lower cost solution to managing international trademark registrations. There can be little doubt that compared to the previous system which often involved hiring local counsel in every country, many improvements have been achieved with undoubtedly, more to come. However, ‘simplified’ remains a relative term and complications still abound for the unwary!
Time-consuming.
If we had to describe the trademark search and registration process in one word, that would be it.
Like other bureaucratic processes, trademarking involves many hairsplitting steps to approval: Filling out paperwork, waiting on rounds of evaluations, and potentially dealing with cumbersome oppositions. It's enough to make any applicant's head spin.
There was an excellent profile of TrademarkNow and the work we do on the FastCoLabs section of the Fast Company magazine web site, titled How Do I (Really) Know If My Startup Is Infringing On Trademarks?
Nothing evokes fierce national pride or passionate support quite like sports. While there is little in the way of study of the evolution of sports as it relates to our evolutionary biology, it has been suggested that sports evolved as a ‘replacement’ for the hunting and survival skills and activities necessary for early human existence.
