Instances of cybersquatting is growing in Asia, fueled largely by the availability of inexpensive Internet domain names, according to an Internet domain name registrar.

Janna Lam, managing director of Singapore-based IP Mirror, told ZDNet Asia in an e-mail interview: "Cybersquatting has always been a [worldwide] trend and is now catching up in Asia... The main cause [for this growth] is the low prices of Internet domain names."

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