0 someone who pays for a famous name as an internet address, so that they can later sell it for a high price to the person or organization with that name: --
The key element in this definition is that the intellectual property rights of another's trademark are infringed by the cybersquatter.
The cybersquatter then offers to sell the domain to the person or company who owns a trademark contained within the name at an inflated price.
The cybersquatter in the case registered at least 663 domain names.
The document lists the financial damages for which a cybersquatter can be sued.
He denies being a cybersquatter and was not planning to sell the domain name.