joined:Nov 12, 2004
I bought a domain with ccTLD last March, the name is the same as the name of one of the most popular site today. Before I bought the domain, I looked at it on a dictionary and found it there. So I thought it's ok to have it because it's generic name.
I put some content on it very similar to theirs. In fact, I mistakenly put somewhere in the site that it was a localized version of the popular site. (I'm not serious about the content of the site, it was a free software that I installed on the server, just so the site won't be empty and will be placed on SE's.) Their reason for trademark infringement.
The popular site asked me to shut down the site, and offering me a $2000 reimbursement for "holding and maintaining the domain). I agreed, we are now on the process of transferring the domain to them.
But now I really wonder if the amount is fair, considering the domain is a generic name and the company that wants to acquire it is one of the most popular site in the world today?