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Squatter first registers a domain name, which might be similar to an established and well know body, for himself/herself and;
b. Then squatter offers to sell the name to the established body, which may be represented by that name in the real world, at an inflated price.
c. Squatter may even put up derogatory remarks about the company or person the name is meant to represent and thereby encourage the subject to buy the name.
However it is not always about extortion, described above is only one facet of Cyber Squatting. As reported by BBC News Corp. the most common complaint is on the grounds of confusion1 it could well be that a latecomer disputes and challenges the owner’s right to the address however it is the trademark issues that make matters more complicated...
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