ICANN has now adopted a new set of Web site naming rules. This would allow folks to buy NEW top-level domain names ending in WHATEVER they like.
Sounds like a liberal policy. But internet as we knew and recognized may change. Its not going to be all .com or .org, or .in or .uk etc. It could be zany things like http://MY.SITE.ETC. If I were to buy my.site.etc, could someone else buy site.etc.my? What chaos that would be. My gut feel is that internet sans its naming conventions/rules is going to be a very difficult entity to govern.
If its any consolation, there is an attempt to dissuade cyber-squatters by hiking the fees for buying domain names.
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