Consequently, trademark piracy became highly profitable and rampant. Some legitimate owners have been forced to suspend business and spend substantial resources and time on initiating oppositions, cancellations, invalidations, even lawsuits, but at very low rates of success. Many others make concessions by paying for loyalties or buying back the pirated trademarks.
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27 April 2021 China will prioritise stronger IP protections in “hi-tech” sectors as part of the country’s economic development, government officials have said.