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some kind of "legitimacy" application for urls to prevent squatters from doing stuff like this

See, I thought there WAS some law for this. It legally entitled companies (and trademark/copyright holders?) to the domain of their company name. I heard it mentioned once back in the 1997 era when I first heard of domain squatting. Apparently, this law is how all the big companies got their domains back from the very first squatters. ... or something.

I'm inches away from trademarking my name, so maybe this supposed legalty could force the current registrant to give me the domain. (of course, the .org domain is held by a legitimate organization of the same name, so causing a ruckus about it may land a few trademark infringment lawsuits on my head.) Hm, I'd forgotten all about this hazy memory of a law until just now.
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FireFox31
110gig MKIIa (30+80), Eutronix lights, 32 meg stacked RAM, Filener orange gel lens, Greenlights Lit Buttons green set