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Furthermore, in 2008, Verizon won a $33.15 million cybersquatting law suit against domain name registrar [[OnlineNic]], a company based in San Francisco that claimed 663 verizon sites such as verizononline.com, myverizonwireless.com, 123verizonphones.com, using an automated process.The fake sites hosted ad links and pop-under advertisements making revenue for OnlineNIC. <ref>[http://www.theregister.co.uk/2008/12/26/verizon_awarded_33mil_against_onlinenic/ Verizon Awarded $33.15 million against cybersquatter]</ref>
 
Furthermore, in 2008, Verizon won a $33.15 million cybersquatting law suit against domain name registrar [[OnlineNic]], a company based in San Francisco that claimed 663 verizon sites such as verizononline.com, myverizonwireless.com, 123verizonphones.com, using an automated process.The fake sites hosted ad links and pop-under advertisements making revenue for OnlineNIC. <ref>[http://www.theregister.co.uk/2008/12/26/verizon_awarded_33mil_against_onlinenic/ Verizon Awarded $33.15 million against cybersquatter]</ref>
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==ICANN and Verizon==
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On April 19, 2009, Verizon submitted its comments on the second version of the Draft Application Guidebook (DAG) for new [[gTLD]]. Verizon encouraged ICANN to delay any further version of the DAG and delay its timeline to introduce new gTLD until the fundamental tresholds had been addressed such as:<ref>[http://www.icann.org/en/correspondence/deutsch-to-twomey-13apr09-en.pdf icann.org]</ref>
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# Completing an impartial economic study with comprehensive empirical evidence to support the need for new TLDs
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# Addressing concerns about the safety and stability of internet
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# Protecting against phishing, malware and fraud
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# Establishing a comprehensive set of protection to curb trademark abuse at all stages of the new TLD process
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The company emphasized its concern over [[cybersquatting]], [[domain tasting]] and [[domain kiting]] and over the years it spent millions of dollars protecting its brand, trademarks and intellectual property rights in federal courts and under the Uniform Domain Name Dispute Resolution Policy ([[UDRP]]].Verizon commented that the following fundamental rights protection measures are needed to address trademark concerns:<ref>[http://www.icann.org/en/correspondence/deutsch-to-twomey-13apr09-en.pdf icann.org]</ref>
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# Expedited Suspension Mechanism
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# Creation of gTLD reserved List (White List)
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# Post-Delegation Dispute Resolution Procedure; and other concerns related to this matter.
    
==References==
 
==References==
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