brand name in domain

Is it actually allowed to use a Domain with Brand Name in it?

Something like google-vs-bing (just an example)?
Got an idea last night and the Domain for it is still available.
But I'm not sure if this is actually legal.

Nopes,
It is not allowed.....
Still if you think you can bank with it in small time before recieveing c&d letter then go on and take it

thanks, so if they find out that I use their name I will receive a c&d letter first?
Or could it become expensive for me before I get any warning?

go for it man, and sell it quick when it made some cash

maybe use offshore registrar and hosting?

btw make your move quick or else someone else may take emd already

uh im in the white hat section, so no you should not do it

Buying a domain name you WILL lose (and probably very quickly) is a waste of your time and money. There is always a risk that if you make decent money, they will try to go after you for damages. Don't bother with this.

If you have a great term, try ranking for that term on a page with the phrase in the URL:

for example:
searchenginereviews.com/google-vs-bing

It's not EMD, but it's a related term, and you get your keyphrase into the URL. If the competition isn't ridiculous, go for it.