CyberSquatting is a crime. Domain Speculating is good business sense.
What's the difference?
CyberSquatting has to do with registering a current Trademark as a Domain in order to hold it for ransom to the Trademark holder. More info is here:
http://www.nolo.com/lawcenter/ency/a...6E6632A2FA0CB2
Domain Speculating is coming up with a Domain Name based on the speculation that it will be worth something. This is actually good business practice for anyone who is interested in starting a business or a brand.
No, you can NOT register a Trademark and then sue for the Domain Name. Your lawyer may think he can, but I bet I beat him and I won't even get a lawyer. If the Domain Name is registered first, any claims to a previously registered Domain Name based on a new trademark are kind of idiotic. It simply has to do with who owned what first.
I do Domain Speculating. It's a necessary part of my business. I have allot of sites that I want to develop. Coming up with a decent Domain Name is tricky. I will register a name I like. I have to reserve it well in advance just to make plans for branding concerns, and to make sure that it's actually available when I am ready.
Along the way I decide I like another another Domain better. I register it. But I don't delete the other Domain Name record. I keep it an sit on it as if it were an investment. Someone may want to buy it from me. Someone may want to buy my better Domain Name for more than it's worth to me, so that at least I have the second choice left to fall back on.
Don't get me wrong, I do not like CyberSquatters. While I am a web designer/developer, I have to collect names that I think will be good investments for my (and others', including current and future clientele's) businesses. But to register an existing Trademark to hold it up for ransom is wrong.
I own a Trademark and will be going after a guy who registered the Domain. He is Cybersquatting, plain and simple. I had the Trademark first, he thought he'd capitalize on it. I hate cybersquatters, too.
There are all sorts of cybersquatting practices.
JoeCartoon.com became popular so a cybersquatter registered CartoonJoe.com, JoeCarton.com, and a myriad of dirivative and typo Domains on the Joe Cartoon theme. He was found guilty of cybersquatting because he was using these Domains based on the strength of the original to self profit.
Hotmail.com expired at one time. Faced with Microsoft's birage of lawyers, the guy gave up the Domain happily.
MikeRoweSoft.com was a site owned by Mike Rowe who wanted to setup a web design and development business. Because this Domain was so phonetically the same as Microsoft.com, even though he could have won in any court (he afterall, has the right to use his name), he gave it up for an XBox and a year of forum hosting on Windows servers and some other stuff. He could have done much better, actually. But he didn't have the might to fight MS, he was only 18 and needed to think about college.
Trademarks and Business Names are usually big no-no's. Even phonetic similars to Trademarks can be challenged. For instance, MyCrowsSoft.com (My Crow's Soft), would be phonetically similar to Microsoft (I think they might hold it for this reason), and could be a target for legal action.
Usually big no-no's... so what are the exceptions?
MicrosoftSucks.com is different. It embraces free speech.
ApacheWebmasters.com is intended to be a site and/or forum in support of the Open Source Apache Software that runs most webservers on the internet.
ShelbyViper.com is a rare car and the Domain is intended for a car club promoting Shelby Vipers (which are already a collector's item).
Imagine my greif, every noun, verb and almost every adjective in the English dictionary is registered. I looked for a year. Finally, I found Worthful.com. It's archaic (which is why it was probably still available), but very brandable. I've already Trademarked and am developing the site.
Adverbs (amazingly.com) and the like are worthless. So now you have to either make up a brand or use two words together. As the better names get grabbed, it WILL infuriate others looking for a brand to identify with. Which is where, IF you must start with a .com, the premium market comes to play. Or you can hire a branding pro (hand in the air) to come up with a name for you.
Almost every good "photo" or "photography" gallery Domain is gone. I grabbed:
ImageMorgue.com
ImagesMorgue.com
MorgueImage.com
MorgueImages.com
I would only use one to market, brand and promote, but by registering all of these, I prevent cybersquatting and redirect lost (misintrepretted) traffic back to the main Domain. If I couldn't get all of these, the Domain and the brand name would be pretty worthless.