Define: Cybersquatting
Cybersquatting
Is registering, or using a domain name with bad-faith intent to profit from the goodwill of a trademark belonging to someone else. Especially in the earlier days of the Internet, when the big companies hadn’t already realised the future interest of the web, many trademark names were registered by particulars who intended to sell these names to the trademarks owners at a much higher price than they paid for the registration. The trademark owner has the possibility to claim his name in justice, or to buy the name from the cybersquatter. But not only trademarks can be “cybersquatted” but also well-known people has been surprised when they saw that someone else registered a domain name containing their name.
