FYI:

. . .

One of the key issues of trademarks in cyberspace involves cybersquatting, or
domain-name hijacking, a process in which a person or business tries to snap up
the names of popular companies or trademark holders, then resell them to those
commercial interests at a substantial markup.

Although trademark disputes are actually on the decline in the Internet's
top-level domains of ".com," ".net" and ".org," a main objective of the WIPO
proposal is to get a system discouraging that practice in place before ICANN
adds new top-level domains, like ".shop" or ".firm," to the Internet's
addressing system. 

But on Wednesday, a Miami law professor who is on the panel of experts that
WIPO consulted for input in drafting the recommendations, released a 55-page
critique of the proposal that says the WIPO went too far in its effort to curb
cybersquatting. A. Michael Froomkin, a law professor at the University of Miami,
said WIPO had overstepped its charge and tried to "solve every imagined
intellectual property problem related to domain names, instead of concentrating
on the trademark-related issues that most urgently need solution." 

"In doing so, it threatens to create an unprecedented opportunity for trademark
holders to attempt reverse domain-name hijacking at the expense of
unrepresented parties," he wrote in the report, which he made public at a WIPO
meeting in Brussels. 

. . .

See the whole story at:

http://www.nytimes.com/library/tech/99/02/cyber/articles/19wipo.html

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