What is Cybersquatting?

What is Cybersquatting and how can companies protect themselves? Have you ever tried to purchase a domain, only to find that it’s already taken and merely goes to a landing page trying to sell it for more? This practice you’ve just come across is called, Cybersquatting, or domain squatting. The United States has a federal law known as the Anticybersquatting Consumer Protection Act, which protects the registering, trafficking in, or using an Internet domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. A cybersquatter usually offers to sell their purchased domain to the person or company who owns a trademark contained within the name at an higher price.

What is Cybersquatting? Registering or using a popular Internet address, often a brand or company name, with the intent of selling it to the respective company or brand owner.

How Can Companies Protect Their Trademark? World Intellectual Property Organization (WIPO)

Top 3 Countries Filing Domain Name Cases: USA, France, UK
Top 5 Industries Filing Domain Cases: Heavy Industry and Machinery, Retail, Internet and IT, Fashion, Banking and Finance

10 Most Active Cybersquatting Companies: Phillip Morris, Banco Bradesco, Swarovski, Lego, Electrolux, Comerica Bank, Ikea, Hoffmann – La Roche, Petrobas, Intesa Sampaolo

Originally posted 2015-08-03 18:24:20. Republished by Blog Post Promoter

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