cybersquatting
From Longman Business Dictionarycybersquattingcy‧ber‧squat‧ting /ˈsaɪbəˌskwɒtɪŋ-bərˌskwɑː-/ noun [uncountable]COMPUTING the illegal practice of REGISTERing a DOMAIN NAME (=putting an Internet address on an official list) with the intention of selling it to another company in order to make a profitSome countries have specific laws against cybersquatting beyond the normal rules of trademark law. —cybersquatter noun [countable]