| The very transactional
simplicity of Domain name registration has made it a complex affair in case of
a dispute arises. Mainly cybersquatting or unintentional usage of domain names,
which involves the pre-emptive registration of trademarks by third parties as
domain names. The first-come, first-served nature of the domain name
registration system whether to register name of trademarks, famous people or
businesses has been misused by such cyberquatters. They take advantage of
relatively simple and inexpensive processes of registration and often register
hundreds of such names as domain names. Based on the very basic investement
that such people put in they usually immediately put such domain names up for
auctions, or negotiate directly with the actual or valid person or company as
the case may be and offer buy back of these domain names at in exorbitant
prices.
Alternatively, they
often keep the registration and use the good name of the person or business
associated with that domain name to attract business for their own sites.
Sans pre screening
mechanism of the domain name registrant at the time of registering a domain
name further complicates the very nature of these disputes .While the immense
growth of e-commerce which has given more weightage to the value of domain
names on the Internet as an asset has led to increased cybersquatting with a
resultant increase in number of disputes and litigation between the
cybersquatters and the businesses or individuals whose names have been
registered in bad faith. Technolegals LLP assist, support and navigate you to
resolve domain disputes via various options available depending upon the facts
of the dispute under consideration qua the stakes involved.
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