Verizon Awarded Over $33 Million in Cybersquatting Case

External Source

Verizon Communications has issued a press release today stating: "The largest cybersquatting judgment ever has been upheld by a federal court in the Northern District of California. The court denied the motion of the defendant — OnlineNIC, an Internet domain registration company in San Francisco — to set aside a December 2008 judgment in which Verizon was awarded $33.15 million. The case is based on OnlineNIC's attempts to take advantage of Verizon and Verizon customers by using Internet names that are easily confused with legitimate Verizon names."

Read full story: External Source

Related topics: Cybersquatting, Domain Names, Law

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My congratulations to Verizon Suresh Ramasubramanian  –  Aug 27, 2009 6:29 PM PST

This will drive the shadier registrars even deeper underground, and clearly draw a line between legitimate and illegitimate activity.  A good thing, in some ways - and also trouble as it'll make the problem much harder to root out.