Industry Groups Bid To Control New Business-Specific TLDs

Posted by timothy on Thursday May 31, 2012 @05:21AM from the concentrated-interest-diffuse-objections dept.

Gunkerty Jeb writes "Two financial industry groups, the American Bankers Association (ABA) and the Financial Services Roundtable, announced on Thursday that they have applied to the Internet Corporation for Assigned Names and Numbers (ICANN) to operate two top level Internet domains, .bank and .insurance, on behalf of the financial services industry. In a published statement, the groups said that they had applied for .bank and .insurance to 'provide the highest security for the millions of customers conducting banking and insurance activities online.' The move comes as the U.S. Congress is set to begin hearings on e-banking fraud on Friday."

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Re:Well then... by ArsonSmith · 2012-05-31 06:27 · Score: 3, Funny

This is why allowing .xxx was a slippery slope. Now we crossed the line so real evil can get top level domains .bank and .insurance indeed.

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