The rest of the story
The early spin on the Havana Club/Havana Club dispute was pretty simple: the Cubans expropriated private property, and the U.S. government made right by returning it to its rightful owners.
But as I've suggested in earlier posts, the story is far more complex and interesting, whatever of your opinion of the Bearded One.
The Miami Herald, which has been out front on the Bacardi/Pernod Ricard story all along, published a fine piece today that looks at the broader implications for international trade and trademarks. The take-away quote:
''Basically, [the United States] let politics trump trademark policy,'' [said said William A. Reinsch, president of the National Foreign Trade Council.] "They took care of one company at the expense of a lot of others.''The article, by Matthew Haggman, highlights something that's obvious but often overlooked: international trademark law is an incredibly delicate bit of business. Like currency, trademarks only have value if everyone agrees that they have value. If someone starts mucking around with longstanding agreements, there's incentive for everyone to start mucking. Castro pointed this up when he threatened to produce Coca-Cola and Bacardi a few years ago, which seemed sort of funny. But few are laughing now -- especially those major coporations that have worked hard to ensure that some enterprising fellow in, say, Scotland, can't open a McDonald's Hamburger Restaurant chain. As Haggman writes:
Some now fear the decision could set a precedent that other countries can use to cancel trademarks or play politics with intellectual property law. Arab countries, for instance, could cancel trademarks for companies friendly to Israel or Pakistan could do the same with marks owned by companies working in India, said Reinsch.Bacardi spokesperson defends their action by noting, ''All companies would fight to protect their brand." Of course, Havana Club is not really their brand -- they acquired lapsed rights solely in a bid to protect their market share in the United States when the Cuban trade embargo is eventually lifted.
The real story, which has yet to be told in detail, is how Bacardi got a law changed that benefited them at the expense of hundreds of other companies. The Herald has re-opened a door to this line of inquiry -- one that leads to a room with Tom Delay, Connie Mack and others. I'm hoping Haggman or someone else spends a bit more time explaining how everyone came to be in this room, and why.
Labels: history





