Agency seeks to halt cybersquatters with dispute resolution rather than litigation
Imagine you launch a business and attempt to register your product's Internet domain name www.mycoolproduct.com. Only you find out someone has gotten wind of your creation and registered the domain first. Adding insult to injury, they want you to buy it from them--for thousands more than the usual $70 registration fee.
It happened to Microsoft with such domains as www.microsoftoffice.com and www.windows.com. And if it can happen to Microsoft, it can certainly happen to you.
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