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Definition of Anticybersquatting Consumer Protection Act:

The Anticybersquatting Consumer Protection Act (ACPA), 15 U.S.C. § 1125(d), is an American law enacted in 1999 that established a cause of action for registering, trafficking in, or using a domain name confusingly similar to, or dilutive of, a trademark or personal name.

The law was designed to thwart cybersquatters who register Internet domain names containing trademarks with no intention of creating a legitimate web site, but instead plan to sell the domain name to the trademark owner or a third party.  Critics of the ACPA complain about the non-global scope of the Act and its potential to restrict free speech.

Read the full details of the ACPA Bill at the Library of Congress