What I don't understand is why companies and brands like this just don't use NameBlock or a similar domain blocking service like GlobalBlock. They literally can block domain names that have their company name or brand in them from being registered (up to 500 variations of their domain). It's literally like $99/year to place a block. Saves a lot of the hassle of having to deal with parody and phishing sites and trying…
This reads kind of like an advertisement. Plus it's subtly wrong. My experience with the NameBlock API is that for those $99/year, they'll allow you to automate purchasing all similar domains. But then you have to pay registration fees on all of those domains, too. It's only $10/month per typo domain that you buy, but it sums up really quickly.
There literally is a block on the variations, it works at the Registry level not the registrar level.