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Is trademark squatting illegal?

Legal subjectivity:

Trademark squatting is illegal. The law stipulates that applying for trademark registration must not damage the existing prior rights of others, nor use unfair means to preemptively register a trademark that is already used by others and has a certain influence. Within five years from the date of trademark registration, the prior right holder or interested party may request the Trademark Review and Adjudication Board to declare the registered trademark invalid. For cases registered in bad faith, the owner of a well-known trademark is not subject to the five-year time limit. Legal objectivity:

Article 32 of the Trademark Law: Applications for trademark registration shall not damage the existing prior rights of others, nor shall unfair means be used to preemptively register a trademark that has been used by others and has a certain influence.