The Anticybersquatting Consumer Protection Act was passed in 1999. According to Wikipedia, it is a federal law that "makes people who register domain names that are either trademarks or individual's names with the sole intent of selling the rights of the domain name to the trademark holder or individual for a profit liable to civil action."Recently Verizon won $33.2 million in a lawsuit against a California company that purposely registered domain names that were similar to the communication corporation's trademark.
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