After suing hundreds of cybersquatting domain name owners last year for infringing on its trademarked terms, Microsoft (MSFT) has announced that it will launch a new round of lawsuits against cybersquatters. Many of these defendants won’t be able to afford an Internet attorney.
Just because a domain name is available to be registered, doesn’t necessarily give you the legal right to use it. Grabbing a domain that includes some company’s name and sitting on it hoping for a big pay day can be considered cybersquatting.
If the name contains a trademarked term, you run the risk of having the trademark owner filing suit. Be sure to consult with your Internet attorney to reduce your risk of getting sued.
Hat tip to the Seattle Post-Intelligencer for its take on the Microsoft cybersquatting lawsuits.