ICANN Opens Domain Naming: Is The 'Dot Com' Boom Over?
Executive Director of the Fair Use Project Anthony Falzone is quoted by Alex Wagner in this Huffington Post article on the possibility of a "huge bidding war" for category domains following ICANN's announcement to increase the number of domain name endings.
The Internet Corporation for Assigned Names and Numbers announced on Monday one of the most significant changes to Internet naming since "dot com" was first uttered.
ICANN will dramatically increase the number of domain name endings -- known in the industry as "generic top-level domains," they currently include .com, .net and .gov -- opening up the relatively limited set currently available to website owners.
According to the organization, addresses will be able to end in almost any word in any language. Companies, places and individuals will be given the opportunity to register their names, and category domains -- such as .cars, .sports and .news -- will be up for registration come January 2012.-------------------------------------
Anthony Falzone, a lecturer in Law affiliated with the Stanford Center on Internet and Society, said he thought the category domains "will strike off a huge bidding war."