Icha Kaur Sethi, BA LLB, Delhi Metropolitan Education, Noida (Affiliated To Indraprastha University)
Introduction
Cybersquatting is the act of registering a domain name that is as, or confusingly similar to, the trademark, or business name belonging to another with the intention of selling (at profit) the name to the trademark owner.
As the internet started becoming more popular, internet users know that the businesses would need a website so, they started buying domains in order to create sites that looked like they were from a reputable company.
The world seeing a new change in the field of communications has created endless new opportunities for the citizens of cyberspace. The growing importance on the internet has fermented it into a powerful tool for businesses to promote, advertise, and sell products and services. Unfortunately, cybersquatting which is the outcome of dishonest and unlawful conduct has also increased.
Cybersquatters often intend to profit from someone else’s registered trademark by purchasing a domain name before the trade owner can do. Cybersquatting is a form of cybercrime as it is a deliberate act done in bad faith, in violation of the rights of trade owner.
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