Trademarks are one thing, patents are another. If the steel is patent protected in any way it doesn't matter what they call it.
Agreed. Also, it seems like both are happening according to NSM's comment on page one:
MagnaCut is not available in Asia at this time so they are getting it through unauthorized channels. Bestech is violating Crucible's trademark.
MagnaCut, both the steel and the trademarked name, neither should be in the hands of, or constituting any part of products made by, companies in Asian countries at this time.
Now, I am sure every single Chinese knife company has purchased American made knives in the steel so they can learn more about it, it's even possible that they have created their own batches given the tremendous amount of information about the steel on the internet. So, I guess that does raise the question: did Bestech source this steel through a secondary deal with an American company who wasn't supposed to sell it? Or is this Chinese created Magnacut, and their crime here is in having called it Magnacut?
knarfeng
posted a link to another thread where it was mentioned that Bestech had some Magnacut knives confiscated while at BLADE that, after testing, were shown to be genuine Magnacut, so I am leaning towards it being the former, in that they've found a supplier for the steel from an American company here. Either way, they definitely shouldn't be using the name Magnacut, or any derivative name that will make a buyer understand that it's Magnacut. They know what they're doing. MC is the hotness on the market, and they want a piece of it. That was more important than honoring the current situation with the suppliers of the steel. As
Chronovore
said, the cat is definitely out of the bag, and I'm sure for many, it won't be an issue at all. For me, my viewpoint is to see Bestech, and any other Chinese company now profiting from yet another "borrowed" American technology in a negative light. And yes, for me, that will extend to the knife purveyers online who don't care that once again, an American intellectual property was taken and is being used without permission. That's the extent of the political talk from me.