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How can Marvel and DC jointly own a trademark?

dc jointly Marvel Trademark
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How can Marvel and DC jointly own a trademark?

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Essentially, what it came down to was that Marvel and DC, as they realized the amount of money available out there in licensing their works, they decided to trademark the word. However, both companies understood that they wouldn’t have a chance by themselves, as both companies use the term. So they decided to work together against any other company out there trying to use the term.

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