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Taco Bell seeks to cancel 'Taco Tuesday' trademark

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Taco Bell is petitioning the U.S. Patent and Trademark office to cancel the “Taco Tuesday” trademark.

The trademark has been owned by rival Taco John’s for 34 years.

Taco Bell officials said “nobody should have exclusive rights in a common phrase.” Maggie Mettler, director of legal for Taco Bell’s parent company, Yum! Brands, said the company would use trademark law in an attempt to “remedy this injustice.”

Read more from CNN Business.

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