April 14 2021
Trademark serves as an identifier of the source of goods or service and reflects the reputation of a business and the quality of the products and services.
The increasing awareness for brand establishment and protection has stimulated the demand for trademark registration applications and the trademark trading market has boomed. However, there are also some people, who are not business operators, but usurp this opportunity to rush register and hoard trademarks of others for profit.
In practice, normal business operators, the true brand owners and right holders, often found that trademark applications were being blocked by malicious registrations, meaning that a lot of time and money was spent overcoming the obstacles of the prior rights of these registrations.