Cybersquatting, one of the more profitable forms of trolling, is nothing new to anyone familiar with the interwebs. In fact, it's often a source of some pretty funny disputes.
That gets us to today's story: a lot of people have noticed Google doesn't actually own GooglePlay.com (link goes to WhoIs.Net - not the actual page). Now, Google wants that page, and they've filed an ICANN dispute to get it.
It has become such a problem that the United States passed its own legislation to address the issue. The preferred method for dealing with these disputes, though, has been an arbitration body known as ICANN, whose decisions are binding around the world (mostly because they essentially control the Domain Name System).