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Tag Archives: settlement

August, 2009

  • 28 August

    Cybersquatter ordered to pay $33 million to Verizon

    Cybersquatting isn’t cheap these days. This week, a federal court upheld a $33 million (£20.3 million) ruling against OnlineNIC, a wholesale domain company, for cybersquatting the Verizon.com domain and trademarks. OnlineNIC reportedly used an automated system to register some 663 names confusingly similar to Verizon.com, such as iphoneverizonplans.com, accountverizonwireless.com, and …

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