Barbie, Veuve Clicquot lose trademark battles

The Supreme Court broke the heart of the world's most famous doll Friday morning, ruling that Mattel Inc. does not have the exclusive right to use the Barbie name.

In a ground-breaking intellectual property decision, the court ruled 8-0 that, while Barbie has achieved a distinctiveness within the doll world, that does not give it the right to prevent very different businesses from using the name.