WEBVTT - Are Most Words Already Trademarked?

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<v Speaker 1>Welcome to brain Stuff, a production of I Heart Radio,

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<v Speaker 1>Hey brain Stuff. Lauren Vogelbaum here. The writer of today's episode,

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<v Speaker 1>John Paritano, rescued two cats from a local vet back

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<v Speaker 1>in and named one Pandora. He says he was reading

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<v Speaker 1>a lot of Greek mythology back then. A couple of

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<v Speaker 1>years later, Pandora brand jewelry became all the rage. What

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<v Speaker 1>if John had trademarked that name first, he and his

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<v Speaker 1>furry friend could have been swimming in cat treats. Yet,

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<v Speaker 1>even if he had thought of it, according to two

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<v Speaker 1>New York University law professors, it probably would have been

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<v Speaker 1>too late to cash in. It seems that many of

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<v Speaker 1>the words we use every day are already trademarked, which

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<v Speaker 1>means it's difficult for entrepreneurs to find good names for

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<v Speaker 1>new companies. Take Pandora, for instance. Search the U S

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<v Speaker 1>Patent and Trademark Office database and you'd find a number

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<v Speaker 1>of companies that already used Pandora in their name, avatars,

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<v Speaker 1>and logos. There's a Pandora hair collection, Pandora Radio, and yes,

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<v Speaker 1>Pandora's box. The two professors looked at the six point

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<v Speaker 1>seven million trademark applications filed at the U S. Patent

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<v Speaker 1>and Trademark Office between two thousand three and sixteen. They

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<v Speaker 1>then studied a database of the hundred thousand most frequently

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<v Speaker 1>used words in American English. It's called the Corpus of

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<v Speaker 1>Contemporary American English. According to the Oxford English Dictionary, there

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<v Speaker 1>are a bit under two hundred thousand words currently in

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<v Speaker 1>use in the English language, but according to the website

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<v Speaker 1>test your rocab dot com, the median adult native English

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<v Speaker 1>speaker knows only about twenty to thirty five thousand of them.

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<v Speaker 1>But back to the study, The authors also reviewed a

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<v Speaker 1>U S Census list of the a hundred and fifty

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<v Speaker 1>one thousand, six hundred seventy two most frequently occurring surnames

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<v Speaker 1>in the United States. What they found will knock your

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<v Speaker 1>socks off, which by the way, is also trademarked. They

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<v Speaker 1>wrote in a teen issue of the Harvard Law Review,

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<v Speaker 1>the data to present compelling evidence of substantial word mark depletion,

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<v Speaker 1>particularly with respect to the sets of potential marks that

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<v Speaker 1>businesses prefer. Most standard English words, short neologisms that are

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<v Speaker 1>pronounceable by English speakers, and common American surnames. Neologism is

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<v Speaker 1>a term for newly coined words or expressions. As best

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<v Speaker 1>we can tell, neologism is still available to be trademarked,

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<v Speaker 1>though other common words do have pending registrations, including even

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<v Speaker 1>the word the yes. The currently has eleven active trademark resignations.

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<v Speaker 1>The result of so many trademarks is that new businesses

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<v Speaker 1>have to strain their noggins, and yes, variations of noggin

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<v Speaker 1>are already taken to come up with monikers that aren't

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<v Speaker 1>already claimed, or resort to what's called a parallel registration.

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<v Speaker 1>That's when two companies use the exact same name as

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<v Speaker 1>long as it won't confuse consumers, for example, Delta Faucets

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<v Speaker 1>versus Delta Airlines. The authors wrote, given these conditions, new

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<v Speaker 1>applicants are increasingly resorting to suboptimal marks. The data indicate

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<v Speaker 1>that applicants are applying less often for standard English words

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<v Speaker 1>and common surnames, and more often for complex marks as

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<v Speaker 1>measured by character syllable and word count, and all of

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<v Speaker 1>this could likely explain why we see more company names

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<v Speaker 1>like flicker, Tumbler, and Lift, all of which leave out

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<v Speaker 1>letters or incorporate other misspellings of common words. Today's episode

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<v Speaker 1>was written by John Paritano and produced by Tyler Clang.

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<v Speaker 1>For more on this and lots of other wordy topics,

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<v Speaker 1>visit how stuffworks dot com. Brain Stuff is production of

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<v Speaker 1>iHeart Radio. Or more podcasts from my heart Radio, visit

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