Trademark Right Exhaustion Theory (Exhaustion Of Trademark Right) Exhaustion of Trademark Rights is also called the exhaustion of Trademark Rights. It is generally believed that its meaning refers to the trademark-righted goods that include the trademark owner and licensee. If the subject of the trademark right sells or transfers it in a legal manner, the subject's trademark rights on the specific goods are exhausted, and the subject has no right to prohibit others from selling or directly using the product in the market. This theory has been accepted explicitly or tacitly by most countries in the world, but there are different views on its precise content. Even within a country, scholars have different views on this theory. Therefore, neither the Paris Convention for the Protection of Industrial Property, the Paris Convention for the Protection of Industrial Property nor the TRIPS Agreement contains detailed provisions. As a result, there are debates in academia about whether trademark rights have been exhausted, and what rights the trademark owner has exhausted after the trademarked goods are sold, forming a theoretically fuzzy area. Theory serves as a guide for practice, but theoretical ambiguity also brings about disputes in practice.