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'''CyberSquatting''' is the action of attempting to profit from the Internet by purchasing domain names made of marketable and trademark related terms, and later reselling or licensing those names back to the companies that developed the trademark.

'''CyberSquatting''' is the action of attempting to profit from the Internet by purchasing domain names made of marketable and trademark related terms, and later reselling or licensing those names back to the companies that developed the trademark.

That is, Cybersquatters undertake the deliberate, abusive registration of domain names in violation of the rights of trademark owners. Abusive registration of a domain names is defined by [[WIPO]] as:

That is, CyberSquatters undertake the deliberate, abusive registration of domain names in violation of the rights of trademark owners. Abusive registration of a domain names is defined by [[WIPO]] as:

# Registration of a domain name which is identical or misleadingly similar to a trademark.

# Registration of a domain name which is identical or misleadingly similar to a trademark.

# A registration which the registrant has no rights to, or legitimate interests in, with respect to the domain name.

# A registration which the registrant has no rights to, or legitimate interests in, with respect to the domain name.

# Wherein the domain name has been registered and is used in bad faith.<ref>[http://www.domainhandbook.com/gloss.html Domain Name Handbook]</ref>

# Wherein the domain name has been registered and is used in bad faith.<ref>[http://www.domainhandbook.com/gloss.html Domain Name Handbook]</ref>

==ICANN and its UDRP==

==ICANN and its UDRP==

[[ICANN]] is involved in counteracting cybersquatting through its creation and implementation of the Uniform Domain Name Resolution Policy, or [[UDRP]].<ref>[http://www.keytlaw.com/urls/udrp.htm Keyt Law]</ref> All registrants of [[.com]], [[.net]] and [[.org]] domains have been subject to the [[UDRP]] since 2000. [[WIPO]] made proposals on domain name security in 2000; they called for a uniform dispute resolution policy and review panels to arbitrate the disputes. After continued work with [[ICANN]], the [[UDRP]] was accepted at [[ICANN]]'s Los Angeles meeting in November, 2000, and it was implemented two months later.<ref>[http://cyber.law.harvard.edu/udrp/overview.html Harvard Law]</ref>

[[ICANN]] is involved in counteracting cybersquatting through its creation and implementation of the Uniform Domain Name Resolution Policy, or [[UDRP]].<ref>[http://www.keytlaw.com/urls/udrp.htm Keyt Law]</ref> All registrants of [[.com]], [[.net]] and [[.org]] domains have been subject to the [[UDRP]] since 2000. [[WIPO]] made proposals on domain name security in 2000; they called for a uniform dispute resolution policy and review panels to arbitrate the disputes. After continued work with [[ICANN]], the [[UDRP]] was accepted at [[ICANN]]'s Los Angeles meeting in November, 2000, and it was implemented two months later.<ref>[http://cyber.law.harvard.edu/udrp/overview.html Harvard Law]</ref>

==Continued Issues==

==Continued Issues==

[[ICANN]] has had to postpone, and readdress, its plans to begin the creation of large amounts of [[gTLD]]s given [[WIPO]]'s concerns over the high amounts of cybersquatting complaints. In 2008, [[WIPO]] received 2,329 cybersquatting complaints; that was greatest number of complaints received since the creation of the [[UDRP]]. Thus, [[WIPO]], the U.S. governement, and other interested parties are concerned over [[ICANN]]'s plans to liberalize the creation of new [[gTLD]]s.<ref>[http://arstechnica.com/web/news/2009/03/record-cybersquatting-cases-cast-shadow-on-icanns-tld-plans.ars Ars Tecnica]</ref> [[ICANN]], in response has suggested the creation of a database, or [[IP Clearinghouse]], which would compile information on trademark holders and use it defensively to make it more difficult for cybersquatters to register trademark related terms.<ref>[http://www.thinkdigit.com/Internet/ICANN-may-block-cyber-squatting_3185.html Think Digit]</ref>

[[ICANN]] has had to postpone, and readdress, its plans to begin the creation of large amounts of [[gTLD]]s given [[WIPO]]'s concerns over the high amounts of CyberSquatting complaints. In 2008, [[WIPO]] received 2,329 cybersquatting complaints; that was greatest number of complaints received since the creation of the [[UDRP]]. Thus, [[WIPO]], the U.S. governement, and other interested parties are concerned over [[ICANN]]'s plans to liberalize the creation of new [[gTLD]]s.<ref>[http://arstechnica.com/web/news/2009/03/record-cybersquatting-cases-cast-shadow-on-icanns-tld-plans.ars Ars Tecnica]</ref> [[ICANN]], in response has suggested the creation of a database, or [[IP Clearinghouse]], which would compile information on trademark holders and use it defensively to make it more difficult for cybersquatters to register trademark related terms.<ref>[http://www.thinkdigit.com/Internet/ICANN-may-block-cyber-squatting_3185.html Think Digit]</ref>

==Legal Recourse==

==Legal Recourse==