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Bit late now, but obviously when you registered it you thought it was generic.
However you are hardly the person to judge that they have sole rights. So why not just de-tag it and say that you promise not to renew.
That's nice, write back and state that you feel they're under achieving for the amount of publicity they seem to get. I had ad-aware.co.uk but sold that to them after Sweden came knocking with their solicitors.
I wouldn't hold out on compensation Charlie. Try and get it by all means, but I wouldn't recommend trying to fight google as they are the hardest kids in the school, you either give them your lunch money willingly or they will take it anyway.