Squatters take advantage of the initial negligence and file for the brand’s trademark to gain profit from it. If you think your brand is safe when you have trademarked it in your country, squatters may file for trademark registration in other countries that practices “first to file” approaches. It will be extremely challenging for you to expand your business in that country and it can even embroil you in a long legal battle.
This article is brought to you by Exy IP PTE. LTD.