In a move to crack down on cybersquatters, the U.S. Senate unanimously passed legislation that would allow trademark holders to obtain civil damages from individuals who register domain name identifiers that are identical or similar to their mark.
The Anti-Cybersquatting Consumer Protection Act (S. 1255), adopted late Thursday night, gives the trademark holder the ability to recover damages of at least $1,000 but not more than $100,000 per domain name identifier.
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