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New gTLD registry operators have been given the right to start selling two-letter domains that match country codes. Potentially thousands of names could start being released next year, resulting in a windfall for registries and possible opportunities for investors. Some governments, however, appear to be unhappy with the move and how ICANN’s board of directors reached its decision.
… Governments and ccTLD registries would get new rights to own two-letter domains in new gTLDs under a proposed ICANN policy. These highly-prized domains, many of which are likely worth thousands or tens of thousands of dollars, would be subject to a mini sunrise period, under the proposal. The so-called Exclusive Availability Pre-registration…
… A bispartisan group of US Congresspeople have called on ICANN to stop bowing to Governmental Advisory Committee meddling. Showing characteristic chutzpah, the governmental body advises ICANN that advice from governments should be viewed less deferentially in future, lest the GAC gain too much power. The members wrote (pdf): Recent reports…