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Group daily coupon company Groupon has recently been in the news for allegedly refusing to sell to Google.  Now days it is focused on continued growth and has targeted the Australian market where a competitor, Scoopon, has taken the registration of the domain groupon.com.au, as well as began to change its corporate name  accordingly.

In their negotiations over their entry into Australia, Groupon reportedly offered $286,000 to Scoopon to transfer the domain.  Having initially accepted, the Australian competitor has changed its mind (at least as reported by Groupon).  This now forces Groupon’s hand to pursue a trademark infringement lawsuit while negotiating a settlement.

Either way, this potentially cybersquatting case looks to offer a big payday for Scoopon.

This entry was posted on Monday, January 10th, 2011 at 3:25 pm and is filed under Domain Names, Economic Damages, Infringement, Trademarks. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.