Bank Threatens Reporter Over Trademark For Using The Term 'Virtual Wallet'
from the virtual-wallet,-virtual-wallet dept
We've written many times in the past about how, thanks to the ridiculous sense of "ownership society" that is often presented to the world around copyright, patents and trademarks, it's unfortunately common to see massive overclaiming of certain rights. That's especially true of trademarks, which really shouldn't be lumped in with patents and copyrights, since they're very very different. Trademarks, as we've noted before, are really about avoiding consumer confusion, so they don't buy one product trusting that it's another product. It is not about "ownership" in any sense. And yet so many companies (and individuals) think that if they get a trademark on a word or phrase, they can basically stop anyone else from ever using it.The latest example of trademark overreach comes from PNC Bank, who threatened a reporter at the San Francisco Chronicle for having the gall to use the phrase "virtual wallet" in an article. PNC sent a legal nastygram, telling the SF Chronicle that it must "refrain from misuse of our client's VIRTUAL WALLET trademark." Except, of course, that's hogwash. Nothing in trademark law could possibly make that true, and the Chronicle's James Temple responded appropriately:
To which I say: virtual wallet, virtual wallet, virtual wallet, virtual wallet.Furthermore, he notes that the trademark itself is almost certainly invalid, as the phrase was in widespread common usage for many years before 2008 when the bank sought the trademark (and, ridiculously, the USPTO granted it).
In late 1994, Newsweek published an article titled "The Age of Cybercash" that informed readers: "Your virtual wallet may soon be here."Temple goes on to call out others who have sought to abuse trademark law to "homestead" the English language -- including our favorite trademark troll ever, Leo Stoller, who "trademarked" all kinds of words including "stealth," "all goods and services," "chutzpah," and (oh yeah) "Google" which he claimed to have been using since 1981.
By the end of 2007, the term "virtual wallet" had appeared more than 700 times in the English press, including in American Banker, the Economist, the New York Times and Consumer Reports.
Nevertheless, the following year, PNC Financial Services Group launched a "Virtual Wallet" product. It sought trademark protection, asking to own the commercial rights to two consecutive words that had been pushed together by the press and industry more than a decade earlier.
As Temple notes, PNC is trying to avoid having the phrase "virtual wallet" be declared generic such that their registered trademark can be eliminated, but if they didn't want that to happen, they probably shouldn't have gone with such an already generic and descriptive phrase.
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Filed Under: descriptive, generic, homesteading speech, reporting, trademark, virtual wallet
Companies: pnc bank, sf chronicle
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The word Apple was in widespread common usage for many years before Apple trademark it.
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Yes - but that trademark was for a different and very specific use of the word. You can still use the word Apple to describe anything that you might have described as an apple before 1975 - (including the Beatles music company). The point here is that PNC are trying to claim trademark on a usage of the term that predates their own usage - you can't do that.
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It strikes me as having been merely descriptive, not generic. It became registrable when it acquired secondary meaning.
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I even think you American's have a similar saying to do with Apple's..
ie: Context of trademarked phrases/words is EVERYTHING!
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I still facepalm whenever I think about how Apple Computers signed a deal with Apple Records saying that as long as they (Apple Computers) would stay out of the music business, they could each keep their respective names.
Apple Computers later violated the agreement when they introduced iTunes, and then they turned around and sued Apple Records - and WON. WTF was that judge thinking!? That was just wrong on so many levels...
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Prime examples of this is what happened to Xerox and Kleenex.
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Although the original registration for KLEENEX used with tissue has lapsed, it wasn't due to any genericness holding (at least not at the PTO).
To paraphrase Mark Twain, the reports of these brands' death by genericide are greatly exaggerated.
In contrast, competing companies use actual generic terms that used to be trademarks all the time (e.g., aspirin, zipper).
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1980 - term "WIMP" (Windows, Icon, Menus, Pointer) coined
1983 - Apple Lisa
1984 - X Windows System
1985 - Microsoft Windows 1.0.
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Virtual Robbery
Wait. Nah.. we're just gonna rob you!
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What a crock of...
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Why? Why are they fighting so hard to keep a generic term from being recognized as generic? So they can keep being humiliated in the press? So they can throw more money away on legal efforts to try to keep people from using basic online terminology? Why?
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It would call into question why the bank and its lawyers would ignore the obvious problems and spend money to do this.
Also it would allow them to keep any other bank from offering a "Virtual Wallet" so they could be unique and own the whole idea.
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two words
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Here's a hint to companies: if you trademark something that's a logical descriptor for the type of thing you're selling, it will be inadvertently infringed upon and you'll look like assholes for defending it, especially since such descriptors will almost certainly predate your own use. Either invent a non-obvious descriptor, or accept that others will always use it.
Another example of what happens when you let lawyers run your company, I suppose.
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The Space Marine used his Virtual Wallet.
Can I be sued now?
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