There have been a number of posts regarding buying trademarked names as domain by separate parties.
I was recently watching domains very similar to name InterNic ( in country specific cctld ) who are doing brisk business selling domains and hosting etc.
Now, as I see, Internic is a respected name in the internet domain booking arena, though it does not book any domain. The name does command a respect and can be used as a boost to any domain seller or reseller.
Is this allowed, or leagally ok?
the 4b(iv) para.
(iv) by using the domain name, you have intentionally attempted to attract, for commercial gain, Internet users to your web site or other on-line location, by creating a likelihood of confusion with the complainant's mark as to the source, sponsorship, affiliation, or endorsement of your web site or location or of a product or service on your web site or location.
looks illigal, but does not clarify enough ..
Checking at more similar domains, I noticed that the same name domain ( internic ) is used in .ca and .co.uk are also doing business under the same name.
Studying the above two cases, i dont see their affiliation with the main internic organization.