Reglikedomain industry desk

Wins Domain Name and $300,000 Award — Forbes Russia

Forbes Russia picks up domain name — and $300,000 — in dispute.

Forbes Media and Axel Springer Russia, the group that publishes the Forbes magazine and Forbes Online in Russia under license from Forbes Media, have won a case against a cybersquatter for the domain Forbes.ru. Not only did the plaintiffs pick up the domain name, but the court also awarded it a $300,000 fine from the defendant, travel firm Landmark VIP Service.

As stated by an article on Forbes Russia’s web site, the $300,000 is the highest fine ever levied by Russia’s arbitration court for the unlawful use of a trademark in the domain name. Recently, Forbes.ru has been showing travel ads, counting for a cruise to Antartica, the story notes.

Forbes Russia has been using the domain name ForbesRussia.ru as an alternative, but hopes to have the Forbes.ru domain name in its hands soon.

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