No thanks
NEW YORK (Reuters) - A judge on Thursday rejected Citigroup Inc's bid for a preliminary injunction to stop AT&T Inc from using the phrase "AT&T thanks" on a customer loyalty program, which the bank called too similar to its trademarked "thankyou."
U.S.
District Judge Katherine Forrest in Manhattan said Citigroup has not
shown that customers would likely be confused, or that it would suffer
irreparable harm, if AT&T kept saying "AT&T thanks" while the
bank's lawsuit continued.
She also said AT&T provided solid
evidence that forcing it to start saying something other than "AT&T
thanks" would cause an "expensive and significant disruption."
Citigroup
had no immediate comment. AT&T said in a statement it was pleased
with the decision, and maintained that "the law does not allow one
company to own the word 'thanks.'"
The fourth-largest U.S. bank
by assets sued AT&T on June 9, one week after the Dallas-based phone
company launched "AT&T thanks" in a dispute that threatened to
damage a co-branding relationship dating to 1998.
Citigroup said
AT&T went too far, having known it would object after the New
York-based bank had since 2004 extensively used "thankyou" on its own
customer loyalty and reward programs.
Offered without comment.
Well, Thank You for that. :-)
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