New York-listed CTS Corporation filed on Feb. 18 an opposition proceeding with the Saudi Authority for Intellectual Property in Saudi Arabia to protect its valuable name and logo from trademark infringement by Saudi Telecom Co. (STC), CTS said in a statement.
On Dec. 19, 2019, STC launched a new brand with the rollout of a stylized “stc” logo, which is a direct copy of CTS’ logo.
“CTS promptly notified STC that its copycat logo caused irreparable harm to CTS’ valuable and established brand and referenced consumer confusion noted in recent news articles and social media following the introduction of STC’s logo,” the statement added.
Though CTS and STC have discussed this dispute, STC has not engaged in a serious manner.
CTS remains open to a serious and productive settlement discussion with STC.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}