When we browse the internet, we know how to get to the websites we want to go to. We know to type in, for example, “amazon.com,” and know that by doing so we will be able to shop on Amazon. This has already started to change, however, as the Internet Corporation for Assigned Names and Numbers (ICANN) has decided to make over 1,400 new top level domain names available for purchase.
Now, we will likely have to go to “movies.amazon” or “books.kindle” in order to get to the site we want. In essence , we will have to relearn how to find products and services on the web., Moreover, consumers will have to understand the new top level domain and which TLD and URL will enable them to find the products or services they want. On line retailers will have to understand how the new TLDs may impact their SEO process. consequently, the new TLDs may or may not lead to a better online distribution means.
These new domain names have been met with mixed reviews. On one hand, companies are excited; these new names allow them to advertise their brands even more, encourage competition and innovation, and assist consumers in getting to the correct site. On the other hand, however, people worry about the cost of registration and upkeep, not to mention the potential for trademark violations and cybersquatting. Registration for one name costs $185,000.00, and in most cases, it makes sense for companies to register multiple names. This is a defensive maneuver, as it will keep others from registering names that will cause consumer confusion or infringe on trademarks.
While ICANN has developed a database to protect trademarks, called “Trademark Clearinghouse,” it has its drawbacks. For one, it costs $150.00 a year, per trademark. Further, it may not be the most effective; it only protects against identical matches of trademarks. This does not include misspellings or names that are very similar to trademarks. So, companies will have their work cut out for them when purchasing the top level domain names and protecting them from competitors.
The first seven new top level domain names went live on the Internet on January 29th, 2014. So far, we have seen the addition of .bike, .clothing, .guru, .holdings, .plumbing, .singles, and .ventures. More are expected to come out on February 5th, 2014. For more go to http://www.vrplaw.com