ICANN’s new generic top-level domain program lines the pockets of...
ICANN’s new generic top-level domain program lines the pockets of its board members while forcing companies to spend money to defend their brands, said Verizon Vice President and Associate General Counsel Sarah Deutsch during an event hosted by the Association…
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of National Advertisers Wednesday. ICANN failed to heed the concerns of the business community in its expansion of gTLDs, she said. As a result the program will encourage widespread cybersquatting, fishing, fraud, and make the Internet an “unstable place to do business.” Former ICANN founding chair Esther Dyson agreed and said the program will “create fraud” on the Internet and reduce the “currency” of domain names for companies. Furthermore ICANN’s remedies to reduce fraud have “a bad odor” that “makes you really think that ICANN is not going to be properly enforcing any of its rules or protections,” said Dyson, who is now the chair of EDventure Holdings. Deutsch agreed and even called ICANN’s new gTLD sunrise period “extortive.” “It is actually costly and in some cases dangerous to rely on these remedies. Our budgets are going to be blown out of the water trying to deal with enforcement in these new spaces,” she said. “It’s a pure waste of resources.”