Despite the danger of trademark trolls to international trade, there is no formal legislation making them illegal.

In the current era, intellectual property rights play a critical role in international trade. They are a must-have for entrepreneurs from all walks of life who want to avoid stumbling blocks and gain the benefits of their labours. “To protect the most basic manifestations of one’s creativity, trademarks with a global application are essential.” Because a pictorial representation of one’s innovation is required regardless of the previously mentioned concerns, trademarks have been made available to individuals of all classes and are not limited to a specific stream or business, it is important to protect a trademark. Nowadays, trademark trolls are being employed to take advantage of trademark rights in order to gain unauthorised profits. Trademark Trolls is a legal term that refers to the practise of filing frivolous trademark registration applications with no intention of using them. It is a method of exploiting legitimate parties in order to extract money by filing lawsuits as a way of initiating settlement negotiations or obtaining licences from trademark holders. What’s more alarming is that there is no specific legislation or rule that renders “trademark trolling” illegal.