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Re: Thread 2: 60-day issue
- Date: Tue, 24 Dec 1996 13:10:49 -0600 (CST)
- From: Karl Denninger <karl@Mcs.Net>
- Subject: Re: Thread 2: 60-day issue
>
> >I'm curious (perhaps I missed the answer to this, in which case I
> >apologize) as to the reasoning behind this clause. Is it intended
> >to make sure that all trademark issues are resolved before the domain
> >goes into serious use, or is it intended to give domain owners a bit
> >of protection, or what?
>
> As I read it, it's meant to allow for trademark owners to register
> a dispute before the domain goes into use. Any other name-registration
> system, however, only has a publication phase, not a hold phase. I
> can get a DBA, corporate name, what have you, and start using it
> immediately, even though someone can dispute it. Then, the parties
> settle, or they go to court. That's how it's worked for over 100
> years, and I have no illusion that we can solve a 100-year-old
> problem now.
>
> --
> Christopher Ambler
> President, Image Online Design, Inc.
>
The true purpose behind that 60-day waiting period is obvious if you look at
the make-up of the IAHC.
Count the number of lawyers and others with legal background, determine the
PERCENTAGE of their interest, and then figure out how lawyers make their
money.
They bill by the hour.
These folks are attempting to create a new industry (and its not the first
time) from which they can reap extensive fees and ultimately profits.
Its not about litigation necessarily. Once you litigate you LOSE,
regardless of who wins the lawsuit. This much is known by any successful
businessperson unless the dispute at issue is worth huge sums of money.
Most trademark lawsuits aren't, or are against defendants who have nothing
sufficient to seize if you DO win.
However, if you can create a new industry.....
So much for this process being about acting in the PUBLIC interest.
--
--
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