31 Jan '14, 4pm

Why cybersquatting won't be a big deal in new TLDs

Cybersquatting is motivated by profit, and it will be difficult to make money cybersquatting on new TLDs. Much of the talk and consternation over introducing new top level domain names has focused on protections for intellectual property owners. Trademark holders have been worried about having to protect their brands in hundreds of new domain name extensions. When it comes to cybersquatting, I think it’s clear that it won’t be nearly as big of a deal as it has been made out to be. Here’s why: cybersquatters have a profit motive. Their goal is to either monetize traffic meant for a brand or to extract a ransom from the brand owner by selling the domain to them. This works in .com and some popular ccTLDs. But it’s not so prevalent in domains like .biz, which haven’t gotten as much traction. There are two reasons it won’t be very prevalent in new TLDs, either. 1. The domains ...

Full article: http://domainnamewire.com/2014/01/31/why-cybersquatting-w...

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