The Complainant established its case and the Panelist transferred the Domain Name to the Complainant.
The Complainant, VRK Holdings A/S is the manufacturer of roof windows and accessories and uses the well-known VELUX trade-mark (in Canada since 1982). In April, 2012, Registrant registered the Domain Name. The Registrant responded to the complaint by e-mail: “There is no dispute here…”. Of note: The Panel found that the reproduction of the VELUX trade-mark on the Domain Name combined with the discussion of VELUX products (along with competitor’s products) was sufficient to establish bad faith since the Registrant has no business relationship with the Complainant.
You can read the decision here.