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Is it illegal to sell the same product by replacing someone else’s trademark with your own?

This is not possible. This is reverse counterfeiting and unfair competition. You can use other people's factories to produce products for yourself and then put your own brand on them. This is OEM outsourcing. This is also legally allowed.

For OEM production, you can design it yourself or the other party can provide the finished product and then sell it with your trademark. This depends on the contract between you and national laws will not interfere.

This is illegal and infringes on the exclusive rights of others to register trademarks. Anyone who commits any of the following acts is an infringement of the exclusive right to use a registered trademark: (1) Using a trademark that is identical or similar to the registered trademark on the same or similar goods without the permission of the trademark registrant; (2) Selling an infringement goods with exclusive rights to a registered trademark; (3) counterfeiting or manufacturing registered trademarks of others without authorization or selling counterfeit or unauthorized registered trademarks; (4) replacing the registered trademark without the consent of the trademark registrant and replacing the replaced trademark The goods are put into the market again; (5) Causing other damage to the exclusive rights of others to register trademarks.