A UDRP case has been filed against the domain name iBuy.com; a domain that's been registered since 1995. According to WhoIs information, iBuy.com is owned by Albert Houllou of Brooklyn and has shown the current "Coming Soon" page since at least 2011.
The UDRP case shows that the complainant is iBuy Stores Inc of Harriman, NY - a company that currently operates on ibuystores.com. iBuy Stores Inc is a company providing construction equipment, barbeques and office machinery supplies through its website.
Most importantly, iBuy Stores Inc says on their website that they've been in business since 2008; a whole 13 years after ibuy.com was registered. Aside from iBuyStores.com, the company also owns and operates iBuyFireplaces.com, iBuyGrillParts.com, iBuyBarbecues.com and ConstructionParts.com.
There is little information available to determine the size and value of iBuy Stores Inc, but judging by their large online operation, I'd assume that they're a fairly big business, and it's not surprising that the company is looking to own ibuy.com.
iBuy.com can certainly be valued at five/six figures, and this could be seen as a cheap attempt by iBuy Stores Inc to acquire the domain without paying the high price tag that would no doubt come with the name.
The case is still open, but I hope that the panel files a verdict of Reverse Domain Name Hijacking.
The UDRP case shows that the complainant is iBuy Stores Inc of Harriman, NY - a company that currently operates on ibuystores.com. iBuy Stores Inc is a company providing construction equipment, barbeques and office machinery supplies through its website.
Most importantly, iBuy Stores Inc says on their website that they've been in business since 2008; a whole 13 years after ibuy.com was registered. Aside from iBuyStores.com, the company also owns and operates iBuyFireplaces.com, iBuyGrillParts.com, iBuyBarbecues.com and ConstructionParts.com.
There is little information available to determine the size and value of iBuy Stores Inc, but judging by their large online operation, I'd assume that they're a fairly big business, and it's not surprising that the company is looking to own ibuy.com.
iBuy.com can certainly be valued at five/six figures, and this could be seen as a cheap attempt by iBuy Stores Inc to acquire the domain without paying the high price tag that would no doubt come with the name.
The case is still open, but I hope that the panel files a verdict of Reverse Domain Name Hijacking.