Wednesday, October 29, 2008
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ICANN proposes new way to buy top-level domains - Network World



 ICANN proposes new way to buy top-level domains
By Grant Gross , IDG News Service , 10/28/2008

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ICANN is seeking comments on a proposal that would open up the market 
for generic top-level domains (TLDs) on the Internet, basically 
allowing anyone with US$185,000 to buy a new TLD.

The plan from Internet Corporation for Assigned Names and Numbers 
would allow third parties to object to proposed TLDs on several 
grounds, but the proposal is an attempt to open up a TLD process that 
has been cumbersome in the past. ICANN would charge groups $185,000 to 
apply for a generic TLD, with most of the money going toward 
evaluation of the application.

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