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“Living in a world which is said to have no borders when it comes to business and trade, what is the solution for the risk of trademark squatting? How can one curb or better obliterate the agony of trademark squatting or destroy this hidden monster? We need to discourage trademark squatting and not just prevent or implement solutions as a victim or for the victim. At a macro level who else besides WIPO can lead? A strategic move is a key. WIPO should come up with stringent general regulations on TM squatting that would help curb trademark squatting. But again, the proposed convention clauses must reflect rational clauses that can be plausibly and effectively implemented by member countries.It largely depends also upon legal counsels with eagle eye vision who are equipped with the distinguished skill to foresee, and astutely thwart such conflicts in one鈥檚 expertise and support the organization we are attached to or client as the case may be. Drafting effective internal policies on trademark squatting would certainly prove to be an effective mechanism to thwart as well as in the long-run obliterate trademark squatting.”
― Henrietta Newton Martin, Legal Counsel & Author