Remember the Good Old Days of Cybersquatting and Phishing?
Thursday, March 25, 2010The internet is about to go through some radical change, and I wonder if anyone is prepared for what is about to happen?
The good old days of enforceable phishing, domain tasting and cybersquatting may be at an end.
We are entering a time where enforcement is going to have to be vigilant across a host of new extensions such as .xxx, .nike, and perhaps something more fitting such as .lawsuits for example.
New enforcement will need to be be applied across a host of legal jurisdictions, where domain names could have the effect of being appreciated and depreciated as is physical property; a situation where property law and intellectual property could collide head on and where domains could possibly be repossessed for debt?
Could we see a $9.00 domain name appreciate in value to point where it is attached to a company’s assets and when said company goes bankrupt or deep into debt, the appreciated domain name is then repossessed for payment?
Imagine what would happen in the cases of a financial misstep by Dell or Google, and they lose their .com?
In any case, the real likelihood now exists that going forward the United States will have no ability to interviene on any one’s behalf.
