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Verizon, Internet REIT settle cybersquatting suit

Fri Dec 21, 2007 3:48pm EST
 
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NEW YORK (Reuters) - Verizon Communications Inc said on Friday it has settled its lawsuit against Internet REIT, a seller of Internet domain addresses.

The agreement bars Internet REIT from registering or using names that are identical or "confusingly similar" to Verizon's trademark. Internet REIT will also pay Verizon an undisclosed sum.

(Reporting by Kenneth Li; Editing by Gary Hill)

 

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