Wall-Street.com blasted for its attempt to hijack WallStreet.com domain name.
A three person World Intellectual Property Organization panel has found Wall-Street.com, LLC guilty of reverse domain name hijacking over the domain name WallStreet.com.
Wall-Street.com based much of its UDRP case against WallStreet.com on some relatively recent transfers of the domain name, which it said were new registrations. However, it turns out the domain name has essentially been held by the same party since 2001.
From the outset, any attempt to get a descriptive, seven figure domain name like WallStreet.com through UDRP reeks of reverse domain name hijacking.
But in this case it’s particularly bad. After filing the UDRP, Wall-Street.com emailed the owners of WallStreet.com with this message:
“It was a joint decision to file the UDRP on behalf of Wall-Street.com. The reason for the filing is simple, we needed to accelerate the process of coming to a settlement on how we can work together on the Wall Street Package.”
In other words, we’re going to bully you to the table.
That’s certainly not using the UDRP in good faith.