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news ICANN blocks 1.5 million domains, including some three-letter names

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"A million and a half domain names, including many potential valuable three and four-letter strings, have been been given special protection across all gTLDs under a new ICANN policy."

"The long-discussed, highly controversial reservation of the names and acronyms of various intergovernmental and non-governmental organizations has become official ICANN Consensus Policy and will be binding on all gTLD registries and registrars from August this year."

"Protected strings run from obscurities such as “europeanbankforreconstructionanddevelopment” and “internationalunionfortheprotectionofnewvarietiesofplants” to “can”, “eco” and “fao”."

"Nobody’s losing their domains... But if any are deleted, they must be clawed back and reserved by the registry."

"All gTLDs, including legacy TLDs such as .com, are affected by the policy."

"The full list of protected strings can be found here."

Source: http://domainincite.com/22528-icann-blocks-two-million-domains-including-some-three-letter-names
 
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What if some of domainers already owns these names and spent $$$$
 
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Does that also mean that an owner is free to sell their domain at market value to a third party?
I didn't see anything in the article that indicated otherwise, but I have not studied up on it.
 
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"The long-discussed, highly controversial reservation of the names and acronyms of various intergovernmental and non-governmental organizations has become official ICANN Consensus Policy and will be binding on all gTLD registries and registrars from August this year."

I do not like it...they should leave well enough alone. It may turn into a slippery slope...gov name are one thing but NO business should be protected (they may use their individual trademark protection if necessary).
 
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Does that also mean that an owner is free to sell their domain at market value to a third party?
That would be insane if not!
 
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NO business should be protected
Wrong. Small, Medium or Large Businesses need protection they are the lifeblood of the economy full stop. Jobs, Loans, Mortgages, schools, hospitals innercity infrastructure depend on these businesses, Squatters getting in the way of this will have negative consequences for everybody. intergovernmental organizations contribute little on an economic level so need no protection. My $0.02
 
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The really problematic ones are the agency acronyms at the bottom of the long list. It seems to me strange that the name eco is on the list, but the TLD .eco will continue. Eco is such a generic word it seems strange to say it can't be used as a domain because it is also an acronym of an agency.
 
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Well ,so the best domainer here it seems to be ICANN , nice portfolio. Wow! ;)
 
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The title of this article is somewhat misleading. It doesn't seem like such a tragedy.
 
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