ICANN Acronyms and Terms
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A form of misuse in which a party intentionally registers a domain name that coincides with a commercial trademark or the name of a well-known person. After acquiring the domain name, the cybersquatter usually offers to sell the name to the legitimate owner at an inflated price.
When cybersquatting occurs in a generic top-level domain that operates under ICANN, legitimate owners may be able to initiate a Uniform Domain Name Dispute Resolution Policy (UDRP)proceeding.Also Known Asdomain parkingRelated Term