While there is a financial crisis in Europe, the financial sector should pay close attention to an October 2009 decision of Germany’s Federal Supreme Court on the protection of trademarks used for financial products, says Jens Künzel.
While there is a financial crisis in Europe, the financial sector should pay close attention to an October 2009 decision of Germany’s Federal Supreme Court on the protection of trademarks used for financial products, says Jens Künzel.
Germany’s Federal Supreme Court has said that the DAX case, on trademarks for financial products, will soon be published in the official collection of Supreme Court decisions. It concerns, inter alia, the question of when a stock exchange may invoke its trademark rights for a stock index against financial products using references to that index.
Deutsche Börse AG created the well-known denomination ‘DAX’ as the name of the German index for stock prices. The German stock index reflects the value of the stock of 30 of the bestknown publicly traded corporations in Germany. In addition, Deutsche Börse AG created the ‘DivDAX’, an index that reflects the stock value of the 15 companies listed in the DAX index that pay the highest dividends.
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DAX, DivDAX, Deutsche Börse AG, German Federal Supreme Court
