Branding and trademarks	John H. Rees	David J. Langeland
1.  Power of a brand
Value of intellectual propertyCoca Cola -market capitalization 	$104.36 billion-trademark $80.64 billionIntel-market capitalization 	$113.75 billion-trademark $31.11 billionMicrosoft-market  capitalization 	$258.32 billion-trademark $65.17 billion
What is a trademarkWord, name, symbol, device which identifies the source of goods and servicesSlogansLogosTrade dressSoundsColorsSmells
2.  Consider adopting arbitrary mark
GenericInherently distinctiveMerely descriptiveArbitrary or fanciful
3.  Clear the trademark
Acquiring trademark rights-First to use has rights to trademark-Common law rights-Area of use-Plus “zone of natural expansion”-Internet-Service marks vs trademarksRights accrue at common law by use in commerce—not by registration
Application process for federal trademark registrationSearch–applies to any use of a mark-Knock out-Comprehensive	Federal	State	Common law	Business names	Internet
Limitations on trademarksMay become too strong		XEROX®		Aspirin		Escalator		Kleenex-Trademarks must be distinctive-Cannot be generic or merely descriptive-Strongest marks are arbitrary or fanciful
Limitations on trademarksTerms may over time acquire secondary meaning and become distinctiveSurnamesGeographically descriptive
Standard for concurrent use of trademarksLikelihood of confusion
Trademark infringementInfringement if consumers are likely to be confused 	as to the source of the goods and services 	form use of a trademark		-Does not need to be intentionalUnfair competitionUnauthorized affiliation, 	sponsorship, or 	associationMetatags and initial 	interest
Trademark infringement factors Sight, sound, and meaning—overall commercial impression
 Nature of the goods and services
 Channels of trade
 Sophistication of consumers
 Fame of the marks
 Any actual confusion
 Number and nature of similar marksExamples of trademark infringementExamples of trademarks that have been held to be confusingly similar:--------- BLUE CROSS/BLUE SHIELD and THE 	CURE FOR THE BLUES
 JELLIBEANS and LOLLIPOPS
 LONDON FOG and SMOG
 TORNADO and CYCLONE
 MIRACLE WHIP and WONDER MIX4.  Register the trademark
Trademark infringement remediesDamagesCourt may award three times damagesLost profitsInjunctionAttorney’s fees
Registration of trademarks Registration grants additional rights
 Federal registration
 Intent-to-use application
 Actual use application
 State registration
 Registration enhances rights, not necessary for infringement claim5.  Adopt using guidelines and enforce them
Trademark symbols®™is a federally registered trademarkis for all other trademarksWhat if the trademark notice is missingNo profits or damages without actual notice of registration

Developing Powerful Brads