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==Verizon Domain Name Disputes==

==Verizon Domain Name Disputes==

Over the years, Verizon has been fighting for the protection of its trademark and domain name. The company filed several lawsuits against companies that registered a Verizon domain name in bad faith. One of the legal battles involving Verizon regarding its domain name was against domain portfolio owner [[iREIT]]. In 2007, Verizon and IREIT entered a settlement agreement.The settlement between the companies include a monetary payment to Verizon and a permanent injunction will be issued to IREIT prohibiting the company from registering, trafficking in, or using, as a registrant, any domain name that is identical or confusingly similar to the Verizon trademarks.<ref>[http://www.domainnamenews.com/legal-issues/ireit-and-verizon-settle-legal-dispute/1350 Domain Name News]</ref>

Over the years, Verizon has been fighting for the protection of its trademark and domain name. The company filed several lawsuits against companies that registered a Verizon domain name in bad faith. One of the legal battles involving Verizon regarding its domain name was against domain portfolio owner [[Internet REIT]]; in 2007, Verizon and IREIT entered a settlement agreement. The settlement between the companies included a monetary payment to Verizon and a permanent injunction issued to IREIT prohibiting the company from registering, trafficking in, or using, as a registrant, any domain name that is identical or confusingly similar to the Verizon trademarks.<ref>[http://www.domainnamenews.com/legal-issues/ireit-and-verizon-settle-legal-dispute/1350 Domain Name News]</ref>

   

   

Furthermore, in 2008, Verizon won a $33.15 million cybersquatting law suit against domain name registrar [[OnlineNic]], a company based in San Francisco that claimed 663 verizon sites such as verizononline.com, myverizonwireless.com, 123verizonphones.com, using an automated process.The fake sites hosted ad links and pop-under advertisements making revenue for OnlineNIC. <ref>[http://www.theregister.co.uk/2008/12/26/verizon_awarded_33mil_against_onlinenic/ Verizon Awarded $33.15 million against cybersquatter]</ref>

Furthermore, in 2008, Verizon won a $33.15 million [[Cybersquatting|cybersquatting]] law suit against domain name registrar [[OnlineNic]], a company based in San Francisco that claimed 663 Verizon sites such as verizononline.com, myverizonwireless.com, 123verizonphones.com, using an automated process. The fake sites hosted ad links and pop-under advertisements, generating revenue for OnlineNIC.<ref>[http://www.theregister.co.uk/2008/12/26/verizon_awarded_33mil_against_onlinenic/ Verizon Awarded $33.15 million against cybersquatter]</ref>

==ICANN and Verizon==

==ICANN and Verizon==