Let’s say that there is a website named name.com and it’s parked (has a parked page), but the name.net and name.org are available. If I make a name.org website with that domain name, can the holder of the parked name.com do anything about it?
As ldcdc mentioned, if they have a trademark, chances are they can (there is debate and legislation involved in this, blah blah). So, if I register something like “sonypictures.org”, if Sony Pictures came to me, they would have a case to force me to sell it to them (or give it to them in some cases). It’s kind of a gray area, but one you want to stay out of if you can.
Yeah, i do agree with samanime, before you invest in domain name just check that if there’s anything related to trademark or other ownership issues…else you may have to lose the domain name if they have legal rights.
If a .com is parked and you buy .net or .org and develop then there is a possibility of .com owner approaching you to buy his domain. I have sold one domain that way.
only one thing will heart is trademark so search for treadmark here Trademark Electronic Search System (TESS)
use term like google etc.