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Cybersquatting in 2007 – A Global Problem!

« Cyberquatting is one of the most serious predicament of the Internet era. In 2006, 1,823 formal complaints were lodged over internet address disputes with the World Intellectual Property Organization’s (WIPO) arbitration and mediation centre, the most since 2000.

Cybersquatting is defined as the abusive registration of trademarks as domain names. The WIPO complained the domain name system itself was in danger of becoming a mere forum for speculative gain as cybersquatters have snapped up many choice addresses associated with top businesses, brands and other trophies in this intellectual property skirmish. » …

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