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Purchasing different extension domains

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HellFear

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Lets say someone owns a generic website name like MyCoolWebsite.com. Is it legal to register another extension of it such as MyCoolwebsite.net?
 
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rebirth

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Why not?

Of course it's legal - as long as you don't sell the same products or do anything "confusingly similar" to them.

Disclaimer: I don't register domains like that and I'm not a lawyer.
 
Sonny Banks

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If you reg the .net version you drive the traffic to the .com...
 
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