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Mystic
03-18-2007, 12:24 AM
Microsoft, the world's biggest software company, is launching a string of court actions in the United States and Europe against cybersquatters, the Financial Times reported on Wednesday.

Cybersquatting is the practice of using an internet domain name -- such as the misspelt "micrsoft.com" -- to profit from the popularity of another company's brand.

Many cybersquatters make money from web traffic which accidentally comes to their site from people looking for a well-known brand or by selling their domain name back to the trademark owner.

Microsoft is launching lawsuits in the US against companies which it claims have registered trademarks which infringe its intellectual property and also plans court actions in Britain, Germany and Italy, the FT said.

The firm hopes that other companies will follow its example.

"Cybersquatting is a growing problem for brands around the world and we hope to educate other brand holders and encourage them to take action," Aaron Kornblum, a senior Microsoft lawyer, told the business daily.

Microsoft has won two lawsuits in the United States since August which yielded three million dollars (2.3 million euros) worth of damages and the return of 409 domain names, it added.

source (http://news.yahoo.com/s/afp/20070314/tc_afp/britaininternetcourt)

Submerge
03-19-2007, 12:12 AM
Well they need to in order to protect their trademarks, can't blame them. Especially the squatters, got to hate them.

Mystic
03-19-2007, 12:14 AM
Yeah. They can be a real nuisiance.
One of my friends accidentally ended up cybersquatting. But the company (a big one) was generous enough to offer him 1000$ in the end. So, he ended up making good profit.