Anti Cybersquatting Suits Becoming Increasingly Popular

A recent article in the National Law Journal entitled "Suits a new weapon to fight cybersquatters" (subscription) reports that companies are increasingly filing suits under the Anticybersquatting Consumer Protection Act of 1999 (codified at 15 USC 1125(d)) to deal with cybersquatters who profit from their brand names. Traditionally, the preferred route for companies to resolve this type of dispute would have been through arbitration. That method has proved ineffective against increasingly sophisticated cybersquatters. As a results, many companies have begun filing law suits.