Michael,
If it's illegal then someone should tell the dozens of people on internet auctions
about it. No I don't think that it is illegal. Further more, if you purchase
something or wish to sell the name of your business, that's perfectly kosher.
There must be thousands of domains registered that are not being used. It would be
hard to prove that a person registered a domain for the sole purpose of selling it
and making money. But then again I don't think proving it would matter anyway
because it is not illegal.
People register business names all of the time (DBA or Trading As). It's called
registering under a factitious name. The cost varies from state to state. Once
they have the name, no one else is supposed to open a business with the same name.
But nothing says that they have to have an active business.
When CDs first came out I had an idea for what would have been a local delivery
service. I registered the name "The Compact Disc Jockey". But it turned out that
I was ahead of my time. When I spoke to the wholesaler, he told me that supplies
were very limited and if I ordered 10 titles, I'd be lucky to receive 3.
You can't take orders that you can't fill. So I let it slide. By the time I could
have tried doing it again, they were selling CDs all over the place. But the name
is still mine and I could sell it (who'd even want to buy it now, no one).
To make things even more complicated, domains are first come first served. So
someone could use the name of your business as their domain name and there would be
nothing you could do about it.
Now will someone tell me about the Sony MZR37PSPC and it's USB cable please.
Regards,
Larry
>
>
> That having been siad, Mr. Fakhry, you could be in a heap of trouble,
> here.
>
> You see, domain speculating, such as you've done with this domain of
> yours, is all but illegal (in fact, it might be illegal, I'm not
> sure. about the actual legality...but in many, MANY cases, now, it
> has born out that when someone registers a domain for the sole
> purpose of selling it back out, they often wind up losing that
> domain, themselves.
>
>
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