why not? if its not a trademark, and its not close to one then surely its ad advantage for you to own it? But just to clarify, if your have the slightest inclination that it could be in the process of being trademarked, resemble, or even look a bit like one stay way - you'll drop yourself in a world of pain.
example:
Cheap Flights.ie - Cheap flights from Ireland
Cheap Airline Tickets – book discount airfares at Cheapflights.com
2 domains, 2 TLD, 2 sites / companies.
If its available, and it could benefit your business to own it - why would you not consider it?
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