Intellectual property, as we know it, is not so much about the property right for the intellectuals as it is an instrumentality for competition in the marketplace; for a share of the economical pie.
Only when the trademark holders receive legal protection can they commit themselves to the research and development of high quality goods, thus promoting the prosperity of the goods.
Recent litigations involving Chinese equivalents of foreign trademarks being squatted or used without authorization have caught the attention of professional circles.
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