sol gongola [[email protected]] wrote:
> My issue with this is that speculation usually involves a certain amount
> of not-insubstantial
> risk that the price of item the may fall. In squatting, your purchase
> price is fixed and minimal to
> the point where you know exactly what the maximal loss is ($10 per
> domain or less) and you
> pretty much know that what you are buying will be of interest to someone
> because it has the
> name of some entity that would want to use that domain name or would
> want to prevent
> someone else from using the name.
Do not confuse speculation of generic domain names with squatting.
With domain squatting, a person deliberately registers domains which are trademarks of others. There is already a mechanism in place to return trademarked domains to their rightful owners - it's called UDRP.
Also, when companies do business on abstract trademarks, like Apple Computer, there is nothing they can do if an apple farm beats them to registering apple.com and uses it to sell fruit. Use it to sell computers, though, and you are wrong (unless you are Apple Computers).
With typo-squatting, a person registers typos of trademarks, and they can also be taken away with UDRP.
But registering typo domains of generic domain names, for example shurts.com instead of shirts.com, there is nothing wrong with that. That's just a risk a business must take when they decide to do business on a generic name instead of branding themselves.
Summary: The UDRP works. Nothing further is needed.
--
mike
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