What is cybersquatting?

Cybersquatting occurs when someone registers, traffics in, or uses a domain name with the bad faith intent of profiting from the goodwill of another’s trademark. The trademark must have been distinctive before the cybersquatter’s registration or use of the mark. To qualify as an infringing use, the domain must be identical, confusingly similar, or, in the case of famous marks, dilutive of that mark. Cybersquatters typically attempt to profit from the registration of the domain name by either ransoming the domain name back to the trademark holder or by using the domain name to divert business from the trademark holder. 

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