Join us on Wednesday, January 25 to hear Marc Jonas Block, Esq. speak about Cybersquatting.
Time: 5:45pm registration starts, 6:00pm meeting starts
Place: The Downtown Association, 60 Pine Street
Cost: $25 per person; $20 member of Rotary Club of Wall Street
Includes: Wine, Cheese, and some snacks (soft drinks available)
Business dress required (no jeans)
Overview:
Cybersquatting (also known as domain squatting), is registering, trafficking in, or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. Cybersquatters, after registering a domain usually offer to sell the domain to the person or company who owns a trademark contained within the domain at an inflated price. Some cybersquatters put up derogatory remarks about the person or company the domain is meant to represent in an effort to encourage the subject to buy the domain from them. Others post paid links via Google, Yahoo!, Ask.com and other paid advertising networks to the actual site that the user likely wanted, thus monetizing their squatting.
Example: After the announcement of the merger of Exxon and Modil, hundreds of domain name were registered playing on the join names in the hopes of forcing the new company to buy the domain names.
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