said by jvanbrecht
:For one, the company was a registrar, which means they likely paid nothing to register the domains in question.
Secondly, its not that they (Verizon and anyone else) are entitled to any domain that uses their name, however any domain that uses their name to advertise competing products is a problem, and if verizon does not aggresively persue trademark dilution/infringement cases, they lose their trademark.
The monies awarded were punitive more so then anything else. As for getting the money, the judge siezed the companies assets. However, they most likely are not going to even come close to getting the $33m.
A web address is not trademark infrindment, its just a plain text web address. Now if they had Verizon posted all over the site then you have a problem. All I have read is they cybersquatted which it is their right to do. People cybersquatted domains all the time.
If they did not then I would have myname.com.