Matt Cone has registered the domain name icecreamcone.ca.While Matt plans on using the domain name to promote his homemade ice cream,he is also considering selling the name to the highest bidder and using the money to help offset his startup costs.Matt has contacted several relevant businesses with his offer.Recently,Matt has received a complaint from a kosher ice cream distributor that holds a registered Canadian trademark for "Ice-Cream Cohen." It has characterized Matt's actions as cybersquatting and is demanding that he assign his registration in the domain name to them at cost.Because cybersquatting is an illegal practice,Matt must assign his rights to Cohen.

Question

Quizplus · Accepted Answer

The statement in the scenario that "cybersquatting is an illegal practice" is true, but it does not necessarily mean that Matt is engaging in cybersquatting. Cybersquatting refers to the act of registering or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. In this case, Matt registered the domain name for his own business promotion and also explored the option of selling it to interested parties. However, since the complainant holds a registered Canadian trademark for a similar term, they may have a legal claim to the domain name under certain circumstances. The resolution of the dispute would depend on various factors such as the strength of the trademark, the extent of the similarity between the two names, and any prior agreements or arrangements between the parties. Therefore, the statement that Matt must assign his rights to Cohen "at cost" is not necessarily true or false, as it would depend on the outcome of the legal proceedings or negotiations.

Matt Cone Has Registered the Domain Name Icecreamcone