The Real Estate Institute of Australia has made a strong case in support of small business in lodging its submission to the Harper Competition Policy Review Draft Report. In its submission, which is publicly available, REIA highlights how intellectual property can be dominated by large corporations in a bid to stifle competition and uses the specific example of trademarks for website domain names.
REIA CEO Amanda Lynch said, “The experience of REIA and others is that big business trademark grabs not only have a major adverse impact on competition, particularly for small business but they are deliberately used to reduce competition – which is something we strongly oppose.”
