Despite Opposition, ICANN Is Not Inclined To Delay Launch Of New Generic Top-Level Domains

more+
less-

On December 16, the Federal Trade Commission (FTC) joined a chorus of lawmakers and industry groups who have expressed opposition to ICANN's January 12 roll-out of new generic top-level domains (gTLDs). However, as recently as December 19, an ICANN representative reportedly told Online Media Daily that the organization intends to proceed with the rollout next month. Despite voicing their concerns, it seems that Congress and the FTC do not have the authority to stop ICANN from going forward with the new gTLD plan.

ICANN's proposal would allow an unlimited number of domain names created out of almost any word, including brand names and trademarks. The application fee is $185,000 and total costs are likely to run many hundreds of thousands more. Trademark owners and brands are particularly concerned that they will have to invest many hundreds of thousands of dollars to pre-emptively claim new gTLDs containing their name or marks, to prevent others from claiming them and with little hope of a real return on their investment.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Administrative Agency Updates, Antitrust & Trade Regulation Updates, Communications & Media Updates, Intellectual Property Updates, Science, Computers & Technology Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Loeb & Loeb LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »