A noose is tightening around the necks of the cyberpirates who collect big bucks by registering, then selling, the domain names of well-known businesses and individuals.
President Clinton signed the Anticybersquatting Consumer Protection Act on Nov. 29 as part of an omnibus appropriations bill. A flurry of lawsuits invoking the new law’s provisions was quick to follow, including a suit, filed three days after the act was signed, by actor Brad Pitt against two domain-name holders.
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