There's a fine line between being a 'prospector' and 'squatter'. What would you call MerchantCircle who is registering domains with local business names and setting up their own mini-sites that divert traffic from the real site and confuse consumers? I think there's an even worse term reserved for them.
If they are registering names that people DO have rights to and they do not, that IS cybersquatting. They should pursue them under ACPA in US and get up to $100,000 in damages per name. But consult a lawyer first, I don't know MerchantCircle and I am not an affected customer.
