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Want to be a professional trademark squatter? Beware; rollover;!

There really is such a group. Professional trademark squatting is similar to the concept of scalpers. They recruit resources in bulk and then sell them at a higher price to earn profits. There should be fair and just market competition, with everyone having equal and reasonable registration opportunities, but the emergence of this group of people has broken this order, causing their trademarks to cost double the price to get them back.

These professional trademark squatters seek illegal profits through threats, complaints, lawsuits, etc., disrupting the normal market order and making people feel deeply distressed. However, do not mistakenly think that there is no way to deal with such people.

Some time ago, Li, a professional trademark squatter in Hangzhou, was found guilty of unfair competition by the court for frantically registering the trademark of Bayer, an international intellectual property brand, and was ordered to pay 700,000 yuan in compensation.

The court finally determined that Li’s malicious trademark registration constituted unfair competition. This case is the first successful case in China that uses the Anti-Unfair Competition Law to crack down on professional trademark squatters and compensate them, and provides a reference solution for companies that encounter similar situations in the future.

Trademark squatting is a speculative behavior, basing one's own interests on the basis of harming the interests of others, which is despised by people and will eventually be punished not only morally but also legally. sanctions.