Originally posted by cmos
Yeah there is no market for .biz
If you mean reseller market, then in a sense, what you say is correct.
Although similar in type to .COM/.NET/.ORG/.INFO as a gtld, .BIZ is a restricted tld, where you cannot register the name solely for resale.
.BIZ Registration Restrictions
Registrations in the .BIZ TLD will be subject to the following restrictions:
Registrations in the .BIZ TLD must be used or intended to be used primarily for bona fide business or commercial purposes; and
Registrations in the .BIZ TLD must comply with the Uniform Dispute Resolution Policy (“UDRP”), as adopted and as may be amended by the Internet Corporation of Assigned Names and Numbers. For proceedings initiated before the Commencement-of-Service Date, a modified version of the UDRP, known as the Start-Up Trademark Opposition Policy (“STOP”) will apply.
For purposes of the .BIZ Registration Restrictions (“Restrictions”), “bona fide business or commercial use” shall mean the bona fide use or bona fide intent to use the domain name or any content, software, materials, graphics or other information thereon, to permit Internet users to access one or more host computers through the DNS:
To exchange goods, services, or property of any kind;
In the ordinary course of trade or business; or
To facilitate (i) the exchange of goods, services, information, or property of any kind; or, (ii) the ordinary course of trade or business.
Registering a domain name solely for the purposes of (1) selling, trading or leasing the domain name for compensation, or (2) the unsolicited offering to sell, trade or lease the domain name for compensation shall not constitute a "bona fide business or commercial use" of that domain name.
For illustration purposes, the following shall not constitute a “bona fide business or commercial use” of a domain name:
Using or intending to use the domain name exclusively for personal, noncommercial purposes; or
Using or intending to use the domain name exclusively for the expression of noncommercial ideas (i.e., registering abcsucks.biz exclusively to criticize or otherwise express an opinion on the products or services of ABC company, with no other intended business or commercial purpose).
Violations
It will be a violation of the Restrictions for an Applicant to:
register or use a domain name contrary to the STOP;
register and use a domain name contrary to the UDRP; or
use the registered domain name in a manner inconsistent with the definition of “business or commercial use” contained herein.
Violations of the Restrictions may be grounds for cancellation of a registered .BIZ domain name, pursuant to the enforcement mechanism discussed below.
Enforcement
A violation of the Restrictions will be enforced on a case-by-case, fact specific basis under the processes set forth below:
Any allegation that a domain name is not used primarily for business or commercial purposes shall be enforced under the provisions of the Restrictions Dispute Resolution Process (“RDRP”).
Any alleged violation of the UDRP or STOP shall be enforced under the provisions contained therein.
None of the violations of the Restrictions will be enforced directly by or through Registry Operator. The RDRP, UDRP, and STOP will be made applicable by the ICANN-Accredited Registrars’ registration agreements with registrants. Proceedings under the RDRP, UDRP, and STOP must be brought by interested third parties in accordance with the policies and procedures set forth. Registry Operator will not review, monitor, or otherwise verify that any particular domain name is being used primarily for business or commercial purposes or that a domain name is being used in compliance with these processes.
Registration Requirements
Before the Registry Operator will accept applications for registration, all domain name applicants in the .BIZ TLD (“Applicants”) must:
Enter into an electronic or paper registration agreement with an ICANN-Accredited Registrar (“Registrar”), in accordance with the ICANN Registrar Accreditation Agreement (“Accreditation Agreement”). Such electronic or paper registration agreement shall include the following certifications:
The data provided in the domain name registration application is true, correct, up to date and complete; and
The registrant will keep the information provided above up to date.
As part of a domain name registration application, the Applicant must certify that to the best of its knowledge:
The registered domain name will be used in a manner consistent with the Restrictions above;
The domain name registrant has the authority to enter into the registration agreement; and
The registered domain name is reasonably related to the registrant's business or intended commercial purpose at the time of registration.
Failure to comply with the above will result in failure of the Registry Operator to process an Applicant’s domain name application.