Cybersquatters left QIWI without domains
The QIWI Company, which has been actively promoting bitroubles (an electronic currency), has faced cyber squatters. Those register names of sites, where attractive resources may be hosted in future, as their own. When QIWI announced its project, it turned out that several names that have “bitrouble” in them had already been privatized.
Denis Shumskiy, Head of the Intellectual Property Group and Adviser of the Law Firm "YUST", told the Vesti FM station that QIWI could obtain a cyber squatter’s domain through courts, if it alleged the fact of dishonest competition: "There is a court practice, when the owners of the trade mark rights face the problem, when the domain has already been taken, and they explain to the court that the domain is not actually in use, or used for different activity”. However, one needs to register a trade mark in order to be able to go to courts. If QIWI was efficient in this matter, this will take another year, and then at least six months of trials and appeals will follow.
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