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'Donuts Inc.' Accused Of Fueling Cybersquatting After Bidding $56 Million For New Domain Names

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The small company put millions into locking down more than 300 new-suffix domains like .movie and .buy. Cue messy legal squabble.

When the so-called top-level domain names--with suffixes like .buy, .apple, or .book instead of .org or .com--went up for auction, it was compared to an Internet gold rush.

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