Recently I bought a domain only to find out after purchasing that someone has the exact same domain except they have a dash. For example I bought: bigredshoes.com and then found out someone had big-redshoes.com and Big Red Shoes is there business name. They are in the same niche I want to get into as well. Did I just waste my money? I figure if I do anything with the domain I bought I'll get sued by that other company. Any help for this newb?