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Earlier this week, the Real Estate Institute of Australia (REIA) slammed a move by REA Group to trademark “realestate.com.au”, arguing the move could jeopardise the use of the term “real estate” by other businesses and professional groups.
The lobby group is equally upset about the REA Group’s bid to re-register the trademark “property.com.au”, the website of which is connected to REA Group’s realestate.com.au.
David Airey, president of the REIA’s Western Australian branch, told SmartCompany if the trademark application is granted, it could jeopardise the use of the term “property” by other members of the industry.
“The term ‘property.com.au’ is simply too generic and descriptive of the entire profession,” says Airey.
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“The REA Group has previously tried to prohibit others from using the words ‘real estate’ in their domain names and their aggressive business model is unwelcome and unhelpful in a free market.”
Via Smart Company