How can cybersquatting be legally defined?

Cybersquatting is a practice where an individual registers, trades, or uses a domain name with the intent of profiting from the goodwill of a trademark belonging to someone else. The legal definition often relates to the registration of a domain name that is identical or confusingly similar to a trademarked name, with the goal of selling it at a later date to the trademark owner or to others who might be interested in that name.

This definition aligns well with the notion of purchasing URLs without any intention to use them. By acquiring domain names that may have significant value because of brand recognition or trademark, the individual is essentially engaging in cybersquatting, as the intent isn't to use the domain for a legitimate purpose but rather to hold it for potential resale.

In this context, the other options do not accurately capture the essence of cybersquatting in a legal sense. The focus of the correct answer on purchasing URLs without a plan for actual use underscores the opportunistic and often speculative nature of cybersquatting, which can easily lead to legal disputes over trademarks and brand rights.