Recent events have been causing wide spread issues that have caused many to consider taking a new look at the rules of use and misuse for domain names.  The Frager Factor recently ran an article on Apple taking affront at the use of its trade names in many domain names that are totally unrelated to them or their product.  They even went so far as to file a complaint with the World Intellectual Property Organization.
Making any headway for Apple on this issue will be incredibly hard, due to the fact that owners of these domains are protected.  This protection or privacy service shield doesn’t allow for any release of who owns a domain.  So the issue of policing domain names gets harder due to the privacy awarded to the domain name owners.

Other news reveal as to whether there needs to be more controllers in place for domain names and the people that sell, possess or operate them.  Some domain issues have even called for the involvement of the ICE.  They purport that some even are alleged selling a domain product that has attaches malware that will add the user to a Botnet that generates click on ads.  In essence, adding the purchaser’s personal computer to a click fraud scheme.

DN Journal reported that purchasing of domain names has become an incredibly lucrative business for companies that sell domain names.  In 2011 alone they report that a Domain Market Study reported domain name selling for the third quarter of 2011 at nineteen million dollars or one thousand nine hundred and seventy four dollars for dot-com sales alone.  So this points to the volatility of money that can be made in the domain name selling market.  The sheer amount of income from sale of domain names also makes it ripe for misuse and illegal use.

The Domains recently reported on a sale of a domain name (IRA.com) which was sold for seven figures.  Although the domain name purchaser was inhibited by agreements signed to disclose the exact amount he stated “It’s unquestionably a 7 figure domain name”.  Again, here is evidence of the big bucks involved in domaining sales.  Is it unreasonable to believe that something that has the potential to cause that kind of earnings wouldn’t cause issues with misuse and illegal use in sales?   The buzz of recent events seems to suggest that this issue deserves much more scrutiny then it received before.

About Eranet
Todaynic.com International Limited(Eranet.com) was incorporated in Hong Kong in 2005, directly under Todaynic.com, Inc. which was established in 2000. As one of the first ICANN (The Internet Corporation for Assigned Names and Numbers), Verisign, HKDNR, and CNNIC (The China Internet Network Information Center) accredited registrars, Eranet is also a leading provider of services in domain name registration and web hosting.

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