New York Senate Passes Anti-Cybersqatting Legislation

[RJ]

Cyber-Squatting
In addition, a provision of the legislation would prohibit the act of "cyber-squatting," and domain name piracy. Cyber-squatting refers to the practice of buying up domain names reflecting the names of existing people or businesses, intending to sell the names for a profit back to the person or business. Domain name piracy refers to people who purchase your name or business and use the name for a website that does not in any way relate to the person or business

Source
http://www.antonnews.com/farmingdaleobserver/2003/06/06/opinion/fuschillo.html

I'm trying to find more information on these new laws and how New York state intends to combat "Cybersquatting" on domain names.

 

[adill420]

This law is going to be in effect after maybe 5 years?

What they need to do is focus on fighting hacking crimes rather than this small profitable business..silly