The Daily Stat: Nike Goes to Court to Fight Cybersquatting

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MARCH 24, 2010
Nike Goes to Court to Fight Cybersquatting
Nike has gone to federal court to get control of 66 China-registered internet domain names that the apparel giant says are being used to sell counterfeit goods. The nonprofit Coalition Against Domain Name Abuse estimates that cybersquatting costs brand owners $1 billion a year through diverted internet traffic, loss of consumer trust, and expenses related to combating the issue.
Source: Portland Business Journal
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