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Cyber squatting concerns ? some questions & worse case scenario/getting sued?

Labeled as discuss in Legal Discussion started by Sandern, Oct 20, 2019.

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460

  1. Sandern

    Sandern Established Member

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    Even if you can only answer some of the questions appreciation and thank you in advance to the answers.

    These are some examples (Example figures too) for the purpose of the questions, but let's ay you own the domain fever.co

    1) If you plan to sell it to the owners of fever.com (for $30k- $40k)

    Then can this come under cyber squatter in the eyes if legal lawsuits/law claims ?

    Or not really as you got an asset and are selling out for a profit, which is simply buisness right?

    2) Could this following method get you in trouble for cybersquatting:

    You email the folowing 3 companies asking them
    "Would you like to buy fever.co for keeping aligned with your brand for $40, 000"

    Fevers.com
    Curefever.com
    Fever.org


    3) Do many people do the above example steps in 2) (offer their domain the company for the do to the similar.com equivalent)
    and get even $5000 from the company as an offer from them companies...on the basis the 3 example companies do not even know what cyber squatting is... and make an offer to buy it for $5k-10k (so the seller still makes money without any legal action taken )

    Has this happened to you ?
    -share your story

    4) What ALTERNATIVE NON CYBER SQUATTING methods can be done to flip the domain for profit ?

    5) Asuming that big pharmaceutical companies do NOT have the word "fever' in their company name?
    would offering/ selling the domain fever.co to them cause any potential legal trouble/ issues from them to you, for offering it to them?
    (Example company Pfizer for example..whom don't have fever in their company name)

    6) Would selling the domain fever.co to a reseller for $4000 -$10000 be any concerns for any legal issues? all you are doing is making a profit from them, which is business right?

    7) If a cybersquatting lawsuit take a place (From trademarked company to the domain SELLER, what is the worse case scenario that can happen to the domain seller ? Sued? How much ?

    8) If a cybersquatting lawsuit take a place (From trademarked company to the domain OWNER what is the worse case scenario that can happen to the domain owner ?

    By owner I mean he owns it... but is not selling it (just holding on to it)

    9) Does putting content on the domain NOT relating to the big companies site do you any favours in terms of Not being sued?

    10) Have you had any experience of the above scenarios? What was your experience/ story? How much money did you lose (if sued) or make if they bought from you ?


    Apologies the many questions but would appreciate the insight to them.

    Even if you can only answer some of the questions appreciation and thank you in advance to the answers to the above questions.
     
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  2. lock

    lock PremiumNameDomain.com VIP

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    Worse case scenario is jail time for not paying after your sued.
     
  3. karmaco

    karmaco Top Member VIP

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    Do not buy trademarked names until you know this business well. Rule One. Even then its a risk.Do not ever contact trademark holders. That is rule number two. You put the name up on a lander or marketplace with zero ads and wait just like everybody else. If its a blatant trademark violation get rid of it or use no lander.

    As far as contacting people with an existing dot com without obvious trademark issues you wait for someone to contact you and have realistic prices. If they have the com why would they pay 5 figures for a co unless this is a huge huge brand? If a huge brand you best believe what you are describing is classic cybersquatting. Either way your pricing seems way off.
     
    Last edited: Oct 20, 2019

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