The Third of Two: Why Billionaires Sue Small Folks, Why They Have to and Why There is a Better Way
Recently a federal judge threw out a lawsuit where the health products company Johnson & Johnson sued the American Red Cross Committee for using the classic Red Cross logo ( Red Cross Prevails in Lawsuit ). For most people it is no surprise that the suit was thrown out, but for many it is a mystery why a billion dollar company would sue a charity anyway, since at the very least it does not look very good. But there is a reason for this strange behavior though in my opinion there was another option, and in this story there is an important lesson. First of all, the Johnson and Johnson company is the legal owner of the Red Cross trademark since 1887, at least in the USA, but through an agreement between the two organizations Johnson & Johnson has the exclusive right to use the logo for commercial products while the Red Cross has the right to use it for humanitarian initiatives. This long standing agreement was challenged last year when the Red Cross started licensing the use of...