The
WIPO Arbitration and Mediation Center has administered its
50.000th cybersquatting case, after two decades of pro-consumer activity.
The
Uniform Domain Name Dispute Resolution Policy (UDRP) is the heart of WIPO anti-cybersquatting service created in 1999 by WIPO, an essential tool used by brand owners to combat abuse of their trademarks in domain names. Any domain name registered in the international domains, such as .com, is subject to this dispute resolution mechanism. Many operators of national domains, such as .ch and .io, have also been adopting this WIPO service.
According to WIPO, the
COVID-19 pandemic has increased cybersquatting cases filed with WIPO Arbitration and Mediation Center. From January to October 2020, the WIPO Center handled 3.405 cases, an 11% increase over the same period during 2019.
To read the
press release, please click
here.