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Does a domain name registration create trademark rights?

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Does a domain name registration create trademark rights?

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No. Merely registering a domain name with a Internet registry does not create trademark rights and has no affect on whether the domain name infringes another’s trademark. However, certain uses of a domain name may create common law rights but such rights will be subject to the rights of a prior user and prior trademark applications or registrations of confusingly similar marks.

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