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Registering an Internet domain name that sounds similar to a widely known company or product. For example, if were a popular clothing site, a cybersquatter might register and hope to rank high on a search engine's results page, also by including related words in the hidden tags of its Web pages. The site might sell a competitive product or make money from ads (see domain parking).

Instead of registering similar-sounding names, cybersquatters might register the common misspellings of popular domain names (see URL hijacking).

Anti-Cybersquatting: ACPA and UDRP
In 1999, the U.S. government passed the Anti-Cybersquatting Consumer Protection Act (ACPA), which enables trademark holders to obtain civil damages up to USD $100,000 from cybersquatters. While not directly outlawing cybersquatting, it was an attempt to improve the situation.

Also in 1999, ICANN created the Uniform Domain-Name Dispute-Resolution Policy (UDRP) to resolve cybersquatting disputes. If not resolved, trademark holders may still take legal action under ACPA. For more information, visit See URL hijacking, page hijacking and domaining.
References in periodicals archive ?
CADNA has long been an advocate for brand owners who are concerned about protecting their brands and customers when it comes to cybersquatting, online fraud, and other cybercriminal activity.
The leading cause that enables cybersquatting and ill will is the lack of competition in the commercial TLD registry space.
Seeking to stop another entity's legitimate use of a domain name, often initiated by a late coming trademark owner, called reverse cybersquatting.
The penalties for cybersquatting under ACPA range up to $100,000, plus attorneys fees.
to protect trademarks against cybersquatting, they did not provide a
Despite being outlawed ten years ago, cybersquatting unfortunately is still alive and well.
Secondary issues examine trademark infringement, dilution, cybersquatting, commercial disparagement, and freedom of expression.
Examples include copyright, cybersquatting, ethics, focus groups, globalization, lobbying, military public relations/embedded journalists, news, promotion, regulation, situation analysis, spin, and wikis.
GENEVA: The UN s World Intellectual Property Organization on Sunday said it received last year a record number of complaints on cybersquatting -- or abusive registration of trademarks on the Internet.
The lawsuit alleges the Web names are intended to confuse consumers and represent "a textbook case of cybersquatting and trademark predation.
MarkMonitor[R] has released the company's latest Brandjacking Index[TM] which finds that cybersquatting is the most common form of brand abuse--with a 33 percent jump in one year--and that brandjackers are abusing an expanding range of brands that consumers use everyday.