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Is it illegal to make money from trademark squatting?

Is it illegal to make money through trademark squatting? It is illegal. How to identify malicious trademark squatting? Malice is the only requirement for identifying malicious squatting and applying the above-mentioned legal provisions. The determination of bad faith mainly considers but is not limited to the following factors: 1. The applicant knows or should know the respondent's trademark due to the existence of agency or representative, trade, cooperation, geography (region) or other relationships with the respondent. 2. The respondent knew or should have known about the existence of other people's prior rights due to the popularity of the trade name, works, designs, names, portraits, etc. that he applied for prior rights to, or other factors. 3. If the applicant claims that the respondent has maliciously registered its trademark, the originality of the applicant’s trademark needs to be considered. 4. The respondent knew or should have known of the existence of the name of a tourist attraction or place of origin as a public resource because of its popularity. 5. Dispute After the trademark was registered, the respondent, with the purpose of seeking illegitimate profits, hindered the legitimate use of others, demanded high transfer fees, licensing fees, and infringement compensation from others, or conducted publicity that misled the public, causing market chaos. What to do if a trademark is preemptively registered 1. You can file an objection against a trademark that has not yet been approved for registration. Applications for trademarks must first undergo a preliminary review by the Trademark Office of the State Administration for Industry and Commerce. Those that pass the review will enter the announcement period, which lasts for 3 months. Within these three months, qualified entities can file trademark objections. Start-up companies whose trademarks have been preemptively registered can use a professional trademark agency to prepare evidence materials and file trademark objections with the Trademark Office during these three months. A trademark that has been registered can apply for invalidation. If the registered trademark has been approved for registration after the three-month announcement period, the startup company can request the Trademark Review and Adjudication Board of the State Administration for Industry and Commerce to declare the registered trademark invalid in accordance with Article 45 of the Trademark Law. . The Trademark Law has a 5-year time limit for invalidation applications. That is, if a trademark has been registered for more than 5 years, it cannot apply for invalidation on the grounds of preemptive registration (well-known trademarks are not subject to this time limit). If any party is dissatisfied with the Trademark Review and Adjudication Board's ruling, it can also file an administrative lawsuit with the People's Court. A good trademark is the soul of a company. Trademarks are the same as ID cards, they are unique, they can be identical, they can be similar but they cannot be the same. Using someone else's trademark is illegal, and using someone else's trademark to do illegal things is even more serious. Legal trademarks are registered through trademark registration.