UK-based 'Cut the Rope' developer ZeptoLab has filed an official challenge to King's "Candy" trademark in Europe. The company filed its official challenge to the broad trademark on March 20. In the European Union, King still has an active trademark registration for Candy that covers video games, video game services, and clothing. ZeptoLab is strongly objecting to this in that region, noting that no company should holds the rights to such a broad and commonly used term such as "Candy."
"Candy is an integral part of the Cut the Rope franchise," ZeptoLab CEO Misha Lyalin said in a statement, "and we do not support King.com trademarking and preventing others from using it."
We will have more on this story as it develops. King began trading shares on the New York Stock Exchange today, marking its first day as a publicly traded company. The stock was down ten percent in afternoon trading.