Cybersquatting
Posted on:3/30/2006
| Cybersquatting is a derogatory term used to describe the practice of registering and claiming rights over Internet domain names that are, arguably, not for the taking. |
Cybersquatting is a derogatory term used to describe the practice of registering and claiming rights over Internet domain names that are, arguably, not for the taking. The cybersquatter then offers the domain to the person or company who owns a trademark contained within the name at an inflated price, an act which some deem to be extortion.
Cybersquatters usually ask for prices far greater than that at which they purchased it. Some cybersquatters put up derogatory remarks about the person or company the domain is meant to represent in an effort to encourage the subject to buy the domain from them.
Many cybersquatters also register many variants of a popular trademarked name, a practice known as typosquatting.
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