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Name | Symbol | Market | Type |
---|---|---|---|
Swatch Group AG (PK) | USOTC:SWGAY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.105 | -1.06% | 9.825 | 9.79 | 9.86 | 10.05 | 9.791 | 10.01 | 75,725 | 20:00:14 |
--Swatch Group (SWGAY) on Monday filed a complaint to the court in the Southern District of New York alleging Samsung Electronics Co. (SSNHZ) and Samsung Electronics America Inc. violated the Swiss company's trademarks, Reuters reported.
--In its complaint, Swatch said downloadable watch faces for smart watches sold by the two companies are identical or virtually identical to trademarks used by Longines, Omega and other brands owned by Swatch, the report said.
--Swatch said it is seeking a trial, the report said.
--Neither company was immediately available for comment, according to the report.
Full story: https://www.reuters.com/article/us-swatch-samsung-copyright/swatch-says-samsungs-smart-watch-faces-breached-its-trademark-idUSKCN1QE29D?il=0
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 25, 2019 14:24 ET (19:24 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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