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New Policy in China Favors Cybersquatters

New regulations will make it more difficult for companies to protect their domain names from cybersquatters in China.

Under the new rules, foreign and local firms will need to prove malicious intent and act quickly to have any hope of retrieving stolen domain names, according to a regulatory official interviewed by Chinese news site Sina. The new rules appear to give a green light to cybersquatters who buy up domain names which are similar to brand names in the hope of selling later for a profit.

Read full story: Yahoo! News

By CircleID Reporter – CircleID's internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us. Visit Page

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