By Mike Banks Valentine

Domain names
are becoming "hot" property - as in *theft* for resale. More and more companies
are finding they cannot get their trademarked names as a domain name because so
few good names are left. But sometimes it's outright extortion as when a Fortune
500 company name is reserved by someone that has no intention of developing a
site under the domain, but simply "parks" it somewhere and waits to be contacted
by the big boys to purchase the name for astronomical fees.
A more
lucrative market for domain names exists in short, memorable generic names like
Loans.com or Homes.com which can apply to an entire industry as can be seen in
recent news.
One of the
lesser known and more frustrating issues is when a small business name or new
product domain name is reserved by someone hoping to make a buck or two. Here's
a question faced by small business owners getting started online.
"I've
trademarked a name, but the domain name is taken, it was reserved by another
company right after I registered my trademark. Do I have a legal right to the
domain name?"
The following
link is to a page titled "Domain Names, A Trademark Owner's Nightmare"
http://www.mdweblaw.com/home/domainnames.html
It discusses
legal issues and cites two cases that have been taken to court over domain name
hijacking.
People who do
this may be doing it intentionally or innocently, but generally, you don't have
a case unless you've got a long established use of the trademarked name and can
prove that the registrant was intending to extort excessive fees from you in the
hopes you'd buy the name back from them.
You can take
it to court if you like, but it's not likely to do you any good unless you can
prove that the registrant had the intent to squat on the name and not use it,
hoping that you would be willing to pay excessively to get it back.
Still, the
case may cost you more than it's worth.
This is an
unresolved battle with more and more companies. Until laws are passed (not
likely) there will be no way to protect a domain name other than being the first
one to reserve it. You may have a case if they are harming your business in some
way by the inappropriate use of that name. But if they are simply using for
another purpose, you might consider selling them the trademark instead. ;-)
Contact the
registrant of www.your-trademark.com to see who it is, there's a way to find the
registered owner by going to this address and typing in the domain name.
http://www.networksolutions.com/cgi-bin/whois/whois/
It will return
a registrant name, host name and the name servers. You might consider contacting
them and simply explaining your trademark situation, your desire to own the name
and then simply ask if they would consider a reasonable solution. Possibly
something as simple as a suggestion that you'd like to avoid a court battle and
make it worth their time to sell it to you by offering twice what they paid for
it.
If they have
not spent large sums developing a branding strategy for the name, they may be
willing to give it up. If it's only few months old it may be possible that they
haven't begun to develop their site or their strategy yet. You may be assuming
the worst but then be confronted with a friendly and accomodating person willing
to look for an equitable solution!
Good luck with
your own names and trademarks!
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