The wait for the list of applicants for new generic
top level domains (new GTLDs) has finally been over. ICANN has now
published the list
of applicants of new GTLDs at its websites. However, this
is the first stage of the entire procedure. The legal
issues of new GTLDs applications and registrations would
now arise.
The new GTLDs applicants were required to ensure due
diligence before applying. If they have failed to do so,
their initial investment can be jeopardised. Now the brand owners and
trademark holders can analyse the list issued by ICANN and see
whether their rights and interests are endangered by the application
made by any applicant.
The period for raising legal right objections for
new gTLDs began on June 13, 2012 and it would remain open for
approximately seven months (i.e., until January 2013).
After the objection filing period closes, all
objections received will move through the dispute resolution process.
Such dispute resolution process may take approximately five months.
In exceptional circumstances, this period may extend beyond five
months.
Perry4Law
suggests that the stakeholders must analyse the pros and cons of this
situation so that their rights and interests are adequately and
timely safeguarded.