The 'reasons' given by these companies really annoy me, statements such as 'sell counterfeit goods' is a total sham on their part. They just do not want anybody else to have a name that is even similar to theirs, even if that company has been trading longer than they have! The bottom line is that they want the law to make the internet a haven ofr their abuse of size and power, anybody who steps on their toes should be crushed by the weight of the law. And who is to decide when a name is 'similar' to one of theirs? Is there going to be a carefully worked out strategm that produces an algorithm that says domain 'xxuwyzzquto.com' breaches the law but 'xxuwyzzqutp.com' does not?
Strange isn't it that the press love bashing domainers as 'cybersquatters' but at the same time says nothing about the loss of rights of the individual to register a domain (and I mean worldwide). It is also interesting that this organization is targeting 'national' law makers in the US and not ICANN, the international body responsible.
My tip to them is: Work at making TM law sensible and workable and forget your bully boy tactics.