New Top-Level Domains Expected to Increase Cybersquatting

Intellectual property lawyers and industry groups say a global Internet body's decision to allow more generic top-level domain names will boost cybersquatting and related arbitration and litigation. They also criticize the organization's new fees targeted at abusive temporary domain-name registrations, or so-called "domain-name tasting," as inadequate to stop cybersquatters from cashing in on short-term registrations.