Yet, it's likely that many other companies are also known by the same initials. Take Mine Safety Appliances and Management Science Associates for instance. Keywords are even more in demand as domain names because they allow new prospects to find your Web site by typing the keyword into their browser. That name could have easily gone to a computer manufacturer, a computer retailer, a software company, a help desk company, an integrator, a training company, etc. It happens all the time.
Some people call it extortion.
Others call it savvy business. If somebody beats you to a domain name for a generic keyword or initials, good luck trying to get it back. Unless you own the trademark, it is not likely to happen. If, on the other hand, somebody has registered a domain with a name that coincides with one of your registered trademarks, you have a good chance. The first thing to do is to approach the domain holder of record to request the domain.