May 5 (Bloomberg) -- Swatch Group AG, the world’s biggest watchmaker, has taken action against Apple Inc. over the most valuable technology company’s use of the iWatch label, as it’s too similar to its own iSwatch product, Chief Executive Officer Nick Hayek said.
Swatch’s measures include pointing out the use of “iWatch” to authorities in all the countries where it has been registered as a trademark, Hayek said in a telephone interview on May 3. He didn’t say which countries had been contacted and when the measures started, adding there are no plans to take Apple to court.
“This is the normal procedure to protect your own brand name,” Hayek said. “We react like this for all other brand names that we have protected.”
Cupertino, California-based Apple hasn’t yet disclosed any specifics for an Internet-connected wristwatch. Swatch Group, with headquarters in Biel, Switzerland, sells a digital-display model called iSwatch. Apple may be looking to make inroads on that brand name because the two are too similar, Hayek said.
Kristin Huguet, a spokeswoman for Apple in California, declined to comment on Swatch’s challenge.
“If somebody wants to register a name that is too close to a name that we have protected, we fight against it,” Hayek said.
Swatch’s plans were first reported on May 3 by the watson.ch Swiss news website.
Swatch has registered the iSwatch name in several dozen countries and wants to protect it, according to Hayek. Swatch Group owns the Swatch brand and others including Omega, Breguet, Tissot and Longines.
Apple hasn’t introduced a smartwatch yet and hasn’t officially announced that it plans to do so under the name iWatch. Apple last year applied for trade mark protection for an “iWatch” in Japan, according to a June 3 filing with the Japan Patent Office.
More than 50 companies have filed for trademark protection for the iWatch name, according to a search on the World Intellectual Property Organization website. Watson.ch reported “iWatch” was granted protection on April 1 in Monaco, while authorities in Iceland issued a preliminary rejection, citing its similarity to iSwatch.
Apple, whose $510 billion market value makes it more than 15 times bigger than Swatch, is in occasional contact with the Swiss company about new technologies, Hayek said, adding the two haven’t discussed the iWatch/iSwatch issue.
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