Trademarking Occupy Wall Street
Is Occupy Wall Street trying to get a trademark?
- Duration 5:29
- Date Nov 10, 2011
Is Occupy Wall Street trying to get a trademark?
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Because I -- these people were like anti Starbucks and anti people would start with with trademarks.
-- Iverson is here he's a partner at Miller.
-- in -- I think it's how you say it Eric good to see this morning really a trademark for OWS Occupy Wall Street.
Great to be here this money it looks like that's what's happening -- -- There's the United States trademark -- this docket and now Occupy Wall Street has applied for trademark protection for things like sweat shirts and bags believe it or not.
-- what does that accomplish because I thought this through the people who were against logo corporations.
That big business.
You -- gonna make money off those T shirts.
Well you know absolutely night here's where I think they're going with that you know at some point.
This is a movement that's going to need money to continue to get their message out there and and did Occupy Wall Street mark has a tremendous brand recognition if you will right now right up -- was Starbucks so.
Know when you monetize it and wait wait wait wait wait that we have a historian fitting it was that -- -- -- defend well not yet but I I think.
There is the upside potential for making a lot of blocks on these on trademarked products field.
Very recognition for the -- not.
But there will be money in there because there is fair amount of sympathy out there for Occupy Wall Street I don't see why but there is and I think people will support it but that gets them -- the whole corporate and where the money goes thing and they're they're down the rabbit hole of all the things they are supposedly.
Opposed to it sounds like did you know you're going to incorporate they have exact -- The question comes to my guests are they gonna incorporate.
Well who knows right now there -- and on incorporated association as I understand but.
They they could potentially become a not for profit corporation sure I can see that wouldn't that be ironic.
-- -- Ironic is one word for it but then why isn't the thing wanna protect their brand because -- -- -- -- there's occupy Ohio and -- -- -- my man up.
I did my thing out there I mean.
Can you actually protect the word hockey.
Well they're not looking to protect the -- -- they're looking to protect the this phrase Occupy Wall Street and it it could be possible for them to.
A -- registered trademark for that right now all they've done is applied -- the United States trademark office for that protection.
Whether or not that protection is granted -- -- by the Trademark Office is another question but they've taken the first.
-- Well tell me a little bit about trademark name.
As an attorney and you can answer this question.
Can I just -- a trademark for anything I mean I that this group doesn't even have like -- they don't have a coalition they don't have a lead or.
I -- down there are a lot of -- you talk to they all believe in divergent ideas and things that whatever.
So don't you have to be like Cingular and ordered to apply for trademark.
Well an association that he can apply for -- -- -- of all sorts of different -- organizations and and on incorporated association.
A loosely based associates and I agree with the I'm not exactly sure what type event to -- this is yet and I'm sure they don't even now.
But at some level they have a group has hired.
An attorney to seek protection for this trademark and look obviously there are going to look to monetize this trademark and I think what they'll attempt to deal.
Is use it for fundraising purposes and that has to be the goal here.
You've given us a negative information -- I find quite troubling for this group they've hired an attorney where they get the money.
-- that -- flashy hi I'm hearing you talk about pushing against big corporations notwithstanding what David just said about making money off all the memorabilia.
But how can you call yourself the little man fighting for the little man if you can hire an attorney and I love you -- you -- -- dollar -- that.
And six well well we now -- Wall Street I mean -- and for that.
Well look maybe they found an -- do a pro -- that in real possibility some might use it.
Unlikely but possible -- right but all right.
What you like about Eric you have a really spending side.
Think this study that everything you know -- real quickly the government into Stevenson charged in the trademarking us -- -- -- -- -- -- they -- and will they be in trouble if they decline.
Well the short answer to that is is the Trademark Office is it is a department.
The United States government.
Dozens and dozens of attorneys to examine these applications.
And there'll be no repercussions -- this application is denied -- this organization could appealed that denial.
But that -- the United States Trademark Office is essentially the last word on us.
Well all right Eric thank you so much -- servers and here this morning to talk with us about Occupy Wall Street now and -- incorporated association.
They've hired an attorney.
-- to try to trademark itself.
Fascinating topic good to have you come back thank you.