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What trademark exactly? just curious...

what prevents me (legally) to purchase a domain, make it orange, and manually aggregate news in it?

Assuming the content is not scraped, and no icons / logos are copied, can there be legal actions followed and if so on what basis?

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ycombinator. You cannot have a mark named Teslo which sells electric cars, as customers could mistake one for the other.

But ycombinator don't "sell" HN do they? So no infringement...no customers...

Selling isn't required to make infringement.

Yeah, imagine for example if your website displays offensive or illegal content, and people think it's published by ycombinator, it could damage their brand

I recall the color green being trademarked by the Dutch Telecom ( KPN ), only in combination with telecom though.

Domain typosquat + brand color/style imitation : IANAL, but it sounds clear cut to me.

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