A name for a domain within the Domain Name System (DNS), usually registered with the Internet Network Information Center (InterNIC) - for example, the microsoft.com domain owned by Microsoft Corporation.
Owning a domain name is essential in today’s business world, as the dot-com enterprise becomes the standard model for business.
A company’s domain name typically reflects the company’s trademark name or logo. Because company names can be registered at the state or federal level, companies in different states or countries might want to register identical domain names.
Unfortunately, the DNS was not established with consideration of these trademark issues, and the courtroom has become a common arena for resolving domain name ownership disputes.