That is a bad example. If the owner of RippleLabs wanted to, he could easily initiate a trademark infringement claim and have those domains seized, as long as he has RippleLabs registered/trademarked.
That is why the owner of google.org or .net would lose the domain so fast it would make their head spin.
But, hey, if you are so confident in the value of your domains, list them on Sedo.com and see how much they go for.
You already know what I and others on here think.
False
Actually it's true. You can file for a domain seizure if you have IP rights or trademarks.
Only if:
1) The site is being squatted on
or
2) The site is purposely trying to trick people into thinking it's the real site (ie. through cloning the original)
Along with this, the site has to be *newer* than your company/site. You couldn't, for example, take away a domain a site has used for 10 years simply because you registered the name first (in fact, there can be multiple stores with the same name in the same state, and even in the same city).
There's a lot more to it than just having a trademark and taking away a domain.