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According to the latest update from ICANN related to the introduction of new generic Top-Level Domains (gTLDs), Dr. Dennis Carlton (Related) has reiterated that the planned introduction of new gTLDs will not burden trademark owners with additional defensive registrations.
Carlton writes: “I conclude that ICANN’s proposed framework for introducing new gTLDs is likely to facilitate entry and create new competition to the major gTLDs such as .com, .net, and .org. Like other actions that remove artificial restrictions on entry, the likely effect of ICANN’s proposal is to increase output, lower price and increase innovation. This conclusion is based on the fundamental principles that competition promotes consumer welfare and restrictions on entry impede competition.”
Related Links:
New gTLDs—Final Reports Available on Competition and Pricing ICANN
Dennis Carlton Agrees with Dennis Carlton About New Domain Names Domain Name Wire
Cheerleader for New Domain Names Defends ICANN Plan CIO
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This sounds like academic “the market can do no wrong” stuff. After almost ten years of bubbles and corporate scandals such as Worldcom, can’t we have a break?
The real problem is that Network Solutions, now Verisign, used the high tech “first to market” phenomenon to establish the dot-com monopoly registry early on. It is as strong now as it was ten years ago. ICANN tried to break it with dot-info and dot-biz and utterly failed.
If there is a case for new TLD’s, this isn’t it.