NY Stock Exchange Claims Trademark On Any Depiction Of Trading Floor, Threatens TPM
from the ownership-society dept
Overbroad enough for you?
Well, the NYSE's senior VP for its "Intellectual Property Group" (the NYSE has a whole IP group?!?) is now threatening the news site Talking Points Memo for writing a story that was illustrated with the following stock photo:
Thankfully, it appears that TPM has good trademark lawyers they can call on, and they're calling the NYSE's bluff:
TPM is represented on Media and IP matters by extremely capable specialist outside counsel. And we've been advised that the NYSE's claims are baseless and ridiculous on their face. But this is yet another example of how many large corporations have given way to IP-mania, trying to bully smaller companies into submission with inane and legally specious claims of intellectual property rights.Not only that, but TPM has proposed a contest, asking people to predict what the NYSE will try to stop next. Should be interesting to see the NYSE's response. The proper response would be to apologize, admit that it overreached, and promise not to do so again. The more likely response is silence. The really dumb response would be to press this issue.
Well, TPM's small but we have big teeth. And we don't like being pushed around. So we're again posting the same picture as an illustration for this post. But really, what's next? Mayor Bloomberg trademarks his face and the city newspapers have to get his permission to publish photos of him so not to infringe the Bloomberg face trademark? Or more likely, the Empire State building trademark's the image of the Empire State building and demands a fee or bars photographs of the New York skyline.