A interesting article, from the trademark holders perspective, regarding ICANN proposal for issuing an unlimited number of new domain extensions appeared in the Intellectual Property Watch blog.
Trademark holders are none to happy about protecting their brands over possibly hundreds of new extensions.
J. Scott Evans, former chair of ICANN’s Intellectual Property Constituency and senior legal advisor for Yahoo said If…you’re a trademark owner, all you see is a greater investment you have to take to these entities to protect your trademark from abuse.
“The only thing we see here is more investment that we make initially up front to the owners and operators of these particular TLDs,” and more money spent by trademark owners to defend their brands against “nefarious uses.”
The post cited sources who predicted that there will be hundreds of new gTLD’s in the first round of applications
“In the coming years, hundreds or thousands of new domain name suffixes could be approved, which will confuse consumers and raise new challenges for companies whose brands are already being exploited in the existing Internet domain space,”
“Opening the floodgates of new website suffixes may certainly be profitable for ICANN, but brand owners, already suffering from the proliferation of trademark infringement on the Internet, will face increasing burdens.”
According to the post, increased gTLD’s will result in more cybersquatting, kiting, front-running and sniping.
You should check the article out.