There is an anomaly in the law of exhaustion of rights between national trade marks governed by the Trade Marks Directive and Community Trade Marks (CTMs) governed by the Trade Marks Regulation. It is well known that article 7(1) of the Directive provides for community exhaustion and that pursuant to the EEA Agreement, this rule has been expanded to give rise to EEA exhaustion. Therefore, if goods are put on the market with the consent of the trade mark owner in Norway, Iceland, Liechtenstein or any of the EU member states, then the exclusive rights given by the national trade marks are exhausted.