what term describes the registration of a domain name (website address) solely for the purposes of trying to sell the name back to the rightful trademark owner for a profit?

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08-12-2022
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what term describes the registration of a domain name (website address) solely for the purposes of trying to sell the name back to the rightful trademark owner for a profit?

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NomulaHarsh NomulaHarsh · Answer 1 · 2022-12-15T10:40:50+01:00

Cybersquatting describes the registration of a domain name (website address) solely for the purposes of trying to sell the name back to the rightful trademark owner for a profit.

What is Cybersquatting?

The word "cybersquatting," as it is known in the general public, is most usually used to refer to the intentional, abusive, and bad faith registration of a domain name in violation of trademark rights. But because of its widespread use, the phrase means different things to different individuals. For instance, while some individuals distinguish between the two phrases, others add "warehousing," or the process of registering a number of domain names that match to trademarks with the goal of selling the registrations to the trademark owners. [1] In the earlier meaning, the cybersquatted can make an exorbitant offer to sell the domain to the person or business that owns a trademark that appears inside the name.

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