Domain name disputes on the rise!
3 03 2008Domain disputes are on the rise! What else could you expect when the domaining industry is such a huge money spinner while being a low investment business!
Unscrupulous yet highly intelligent cybersquatters pick up premiuim domains related to any event or celebrities/businesses as soon as they get a whiff of something new and exciting comping up.
Sample this:
The National Arbitration Forum, an international provider of alternative dispute resolution services, administered a total of 1,805 domain name disputes in 2007, up from 1,658 disputes in 2006. The National Arbitration Forum has been approved as a domain name dispute resolution program provider by the Internet Corporation of Assigned Names and Numbers (ICANN) since 1999.
The National Arbitration Forum reports at the end of 2007:
UDRP domain names with common extensions like .com, .net, and .org accounted for 1,775 filings. usDRP domain names with the .us extension accounted for 30 filings. Of the 1,805 filings, Panelists heard 1,391 cases; parties worked together to settle many of the rest. There were 9,916 total domain name complaints filed since 1999. Of those filings, Panelists heard 8,006 cases; the parties settled many of the rest.- PR-USA
I wish the practice of cybesquatting just disappears overnight. What a better place this world would be!
Hmmm… wishful thinking!
Categories : America, Celebrities, Cybersquatters, Cybersquatting, Domain Disputes, Domain Names, Domains, ICANN, Premium Domains, Wishful Thinking, business
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