Has ICANN Gone Too Far?
ICANN was formed in 1998 . It is a not-for-profit public-benefit corporation with participants from all over the world dedicated to keeping the Internet secure, stable and interoperable. It promotes competition and develops policy on the Internet’s unique identifiers. ICANN is pushing to expand the Internet's Top Level Domains (TLD or gTLD) from its current 21 to some staggering, unspecified new number. TLDs are the .COMs, .ORGs, etc at the end of URLs. "The advantage of all this is there will be many more ways for sites to be described. The question is whether it will really help Internet users or confuse them." asks Saul Hansell in a recent NY Times article. But that's just scratching the surface of the issue. According to CADNA (Coalition Against Domain Name Abuse), companies are already losing over $1 billion annually due to cybersquatters misrepresenting and redirecting traffic on the Internet through taking advantage of URLs not purchased by companies. The pr