I had a strange thought while watching TV on a short trip this weekend/early this week. (I rarely watch TV nor see commercials otherwise) and a commercial came on for "Loan Depot" and my ear heard "Home Depot" and my brain wondered when HD started doing home loans LOL.... the actors say it without an emphasis on the "L"..... have to wonder a bit if they aren't trying to get attention/profit off of the closeness? I have to wonder if there is anything HD could do about it?
I've seen those commercials also. The answer is maybe, although LoanDepot has apparently been around over a decade, so it may be too late.
In terms of trademark
infringement, the answer is somewhat dependent on where the case is filed. HD is based in Georgia in the 11th Circuit, while LD is based in California in the 9th Circuit.
Both of those circuits use the following factors:
1. Degree of similarity between the marks: Two word marks with one common word and the other word in LD's mark is almost a rhyme with the word in HD's mark, but the words are otherwise not similar in meaning.
2. Strength or weakness of the plaintiff's mark: "Home Depot" is not, in and of itself, particularly strong (in the trademark sense), but it's obviously a nationally famous mark.
3. Proximity/similarity of goods/services offered: Virtually none.
4. Defendant's intent: Don't know.
5. Actual confusion: Don't know.
6. Similarity of marketing/advertising channels: Probably quite similar, and there is also likely to be a greater than average percentage of folks who might be inclined both to shop at HD and use LD's services.
Each circuit has one or two additional factors that the other doesn't, but I don't think either would tip the balance significantly, so I don't think this would be a good infringement case (subject, of course, to the two unknowns). However, there might be a decent case for trademark
dilution. To state a claim for trademark dilution, a plaintiff in the Ninth Circuit must allege that (1) the plaintiff's mark is famous and distinctive (HD's mark is certainly famous); (2) the defendant is using the mark in commerce (LD is using its mark in commerce); (3) the defendant's use began after the mark became famous (yup); and (4) the defendant's use of the mark is likely to cause dilution by blurring or tarnishment. The last factor would require expert testimony as to blurring (tarnishment wouldn't be an issue). I did not look to see if/how the 11th Circuit might look differently at this issue.