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Re: Thread 2: 60-day issue
- Date: Tue, 24 Dec 1996 17:08:55 -0800
- From: Simon Higgs <simon@higgs.com>
- Subject: Re: Thread 2: 60-day issue
At 1:10 PM -0600 12/24/96, Karl Denninger wrote:
> 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.....
>
Whoa there! It's not that sinister. It's worse.
NSI's dispute policy has already created the industry. The majority of
domain name holders have (or will soon have) a lawyer on retainer
because of this.
What the IAHC are now doing is providing a control mechanism (the
60-day waiting period) on top of the registration process so this new
legal industry can effectively control the domain name circulation.
Simon
--
If at first you don't succeed, skydiving is not for you.