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Old 30-08-2009, 12:33:06 AM     #1 (permalink)

 
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Is this the highest payout for Cyber squatters ...

Do you think they were a little annoyed

Cyber squatters were sent a clear warning on th 27th after a US federal court upheld a $33m (£20m) ruling against a company accused of registering and monetising web addresses relating to communications giant Verizon.

OnlineNIC was found guilty of registering numerous sites, such as verizononline.com and accountverizonwireless.com, which the judge ruled had infringed Verizon's trademarks.


Anyone think that there could be a lot more interest in setting up in the uk (plaintiffs registering more varied type trademarks possibly throughout the world) for some of the companies ...?



Full Report Verizon awarded millions in cyber squatting case

Last edited by namealot; 30-08-2009 at 02:34:43 AM.
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Old 30-08-2009, 01:19:18 AM     #2 (permalink)

 
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I think they would rather set up in a country with non-extradition laws plus poor copyright/tm laws...
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Old 30-08-2009, 02:32:20 AM     #3 (permalink)

 
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Yes I agree squatters would look at registering to companies based in more obscure jurisdictions, I meant plaintiffs registering more varied type trademarks here and possibly throughout the world (Changed my post I realise it didn’t make that clearer)

Last edited by namealot; 30-08-2009 at 02:36:17 AM.
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Old 30-08-2009, 06:00:06 AM     #4 (permalink)
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Well there's no excuse for registering verizon is there?
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Old 30-08-2009, 11:41:58 AM     #5 (permalink)

 
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Yes do you think there are larger implications? whilst verizon itself is a TM/brand name were the domains regged so?

There is the verizonheritage.com a golf competition (may well be sponsored by them) But a PGA tournament,Could they also stop any use of there name with that? could you not mention the tournament itself... Do you think the bigger corporations will see this as a justification to say we are now the carling league you cannot mention the league at all because we own/ sponsor it so to speak…

Not condoning cyber squatting at all... Just not keen on companies being able to say we own this word you can’t use it ? I have seen quite a lot reverse hijacking recently if you wanted leeonline could the jeans makers say thats ours? or jvc stopping anyone using VHS?

Last edited by namealot; 30-08-2009 at 11:49:00 AM.
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Old 30-08-2009, 11:53:26 AM     #6 (permalink)

 
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They didn't have a leg to stand on with those names but the fine is horrendously over-exaggerated, totally out of proportion to the crime. A clear example of the corporatocracy/ legal profession acting opportunistically for blatant financial gain.
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Old 30-08-2009, 01:06:08 PM     #7 (permalink)

 
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I wonder how much they benefited from these names though. How many clicks/much revenue they generated that shouldn't be theirs.

Maybe not $33m.

But when you add the revenue from all their squatted domains together, maybe it's higher than we think.
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Old 30-08-2009, 01:13:14 PM     #8 (permalink)

 
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Quote:
Originally Posted by woopwoop View Post
I wonder how much they benefited from these names though. How many clicks/much revenue they generated that shouldn't be theirs.
@ WoopWoop, I read a news item about this the other day, if I remember correctly, during the case, they claim to have made about $1500 in revenue from the domains.
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Old 30-08-2009, 01:34:07 PM     #9 (permalink)

 
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That's interesting. Also they probably had a chance to give up the names early and not have it go this far.

Quote:
Verizon is calling the case "the largest cyber squatting judgement ever" despite the fact that it is unlikely to recoup much in the way of damages from OnlineNIC.
This was said in the article but not explained. Why are they unlikely to recoup much in the way of damages? Isn't that the $33m?

Last edited by woopwoop; 30-08-2009 at 02:36:13 PM.
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Old 30-08-2009, 01:46:09 PM     #10 (permalink)

 
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Quote:
Originally Posted by woopwoop View Post
This was said in the article but not explained. Why are they unlikely to recoup much in the way of damages? Isn't that the $33?
An article from January with a few details on it:
Verizon's Cybersquatter Based in China - InternetNews.com
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