RESEARCH METHODOLOGY

Detailed explanation-1: -Cybersquatting is registering, selling or using a domain name with the intent of profiting from the goodwill of someone else’s trademark.

Detailed explanation-2: -The “classical cybersquatting” is the simple registration of a domain name based on a trademark with the intention of selling it to the trademark’s legitimate owner for a profit.

Detailed explanation-3: -Some businesses use their registered trademarks as domain names. Thus, once a domain name is chosen, the holder can apply to obtain trademark protection for the domain name to prevent any third party from using the name. In the absence of a particular law governing domain names, the Trademark Law applies for the same.

Detailed explanation-4: -In cases which an individual or a company registers a domain name, and such domain name is identical or similar to a trademark of any other party and maliciously tries to sell the same for a profit. This is known as “Cybersquatting.”