No similarity of marks
By Edy Guadalupe Portal
Bancolombia (previously Banco Agrícola S.A.) applied for the registration of the mark PRIVILEGIO PLATINUM BA & Design, for services in Class 36. Citibank N.A. (previously Banco Cuscatlán, S.A.) filed an opposition based on the similarity of the mark PRIVILEGIO PLATINUM BA an its trademark PRIVILEGIOS CUSCATLAN Y TARJETA PLATINUM. The opposition was denied by the Intellectual Property Department, which held that the marks were not similar. Citibank appealed, but the National Bureau of Registries upheld the Department’s decision.