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===Issue on Trademark Protection for New gTLDs===
 
===Issue on Trademark Protection for New gTLDs===
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In 2009, Overstock.com's President Jonathan Johnson III expressed the company's concern regarding the issue on Trade Protection for new [[gTLD]]s. In his letter addressed to ICANN Chairman [[Peter Dengate Thrush]] and [[Rod Beckstrom]], President; Johnson questioned the commercial needs for the introduction of hundreds of gTLDs and opined that such move means "adding new properties to the Monopoly board." He emphasized that the proposed protection measures of the [[IRT]] Final Report is not enough to protect the interests of brand owners. However. Johnson expressed his willingness to work with ICANN to create further solutions to resolve the concerns regarding trademark protection.<ref>[http://www.icann.org/en/correspondence/johnson-to-dengate-thrush-22jul09-en.pdf Jonathan John III Letter to ICANN]</ref>
    
==References==
 
==References==
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