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The decision, issued on July 22nd by the Beijing No. 1 Intermediate People's Court, concerned an application by the Nanjing Zishi Law Firm to register a trademark on behalf of a Chinese supplier of agricultural products.
ECONOMIST: China's powerful bureaucrats have lost a lawsuit
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The CFTC notes that it does not license or register these exchanges, and the regulations require only that a firm notify it of its intentions to set one up.
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That is partly a question of scale: one lucky break by a smaller firm could double its reserves, but barely register at one of the majors.
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According to research firm Gartner, tablet sales to end-users will register a 98% increase, totaling close to 120 million units this year and, with the growing popularity of tablets, sales could cross 350 million units by 2016.
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In this case, they want the judge to re-open the comment period for the class action so members of the community can register their objections to what was, in fact, a deal negotiated for the benefit of a law firm, two charities, and their named plaintiff.
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