gTLD Monetisation
And it begins. The new gTLD monetisation ‘process’ provided by ICANN is absolutely terrible, and the start of a massive land-rush to capture brand-name gTLD’s is not going to do any favors for consumers or Internet users at all. It will make phishing schemes easier to propagate, and just increase the number of legal & trademark disputes over domain names.
TOKYO, March 16, 2010—Canon Inc. announced today that it will begin the acquisition process for the top-level domain name “.canon,” based on the new generic Top Level Domain (gTLD) registration system.