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→FTC Warning on TLD Scams
In 2000, FTC issued a warning to consumers against the pre-registration program of companies which allows consumers to pre-register their desired domain names using un-approved [[TLD]]s. FTC described the program as a "new scam" and advised consumers to ignore any pre-registration service offerings from any company asking for up-front fees.An excerpt from the FTC warning reads: ''Because ICANN has not yet announced its intentions, it is misleading for any service or entrepreneur to offer pre-registration or accept fees for domain names that may never come into existence." ICANN issued a similar warning to consumers.<ref>
In 2000, FTC issued a warning to consumers against the pre-registration program of companies which allows consumers to pre-register their desired domain names using un-approved [[TLD]]s. FTC described the program as a "new scam" and advised consumers to ignore any pre-registration service offerings from any company asking for up-front fees.An excerpt from the FTC warning reads: ''Because ICANN has not yet announced its intentions, it is misleading for any service or entrepreneur to offer pre-registration or accept fees for domain names that may never come into existence." ICANN issued a similar warning to consumers.<ref>
[http://articles.cnn.com/2000-11-20/tech/domain.scams.idg_1_top-level-domains-domain-names-tlds?_s=PM:TECH FTC warns about top-level domain scams]</ref>
[http://articles.cnn.com/2000-11-20/tech/domain.scams.idg_1_top-level-domains-domain-names-tlds?_s=PM:TECH FTC warns about top-level domain scams]</ref>
===FTC Reaction on ICANN New gTLD Program===
A report published by High Tech News Today Website suggested that despite the approval of the majority the ICANN Board of Directors for the introduction of new [[gTLD]] on 2012, FTC do not support the program. ICANN will start receiving applications from entities interested to manage new gTLD's by January next year. The application fee is $ 185, 000.<ref>[http://www.hightechnewstoday.com/jun-2011-high-tech-news-archives/102-jun-20-2011-high-tech-news.shtml ICANN at the center of a controversial challenge, again]</ref>
==References==
==References==