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Business name legality? Usage of a similar business names?

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I'm trying to figure out the legality of business names. I searched on google, but couldn't find a definite answer.

Specifically, using the same words and similar names.

I.E. Say there's a business named Diamond Design, and others named Diamond Clothing, Diamond Foods, ect. So it's ok to use the same name if it's in another industry?

Also, Let's use Diamond Design again. Is it legal to use a similar name adding on another word in the same industry? Let's say Gold Diamond Design?
 
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