---- The Association of National Advertisers threaten to sue ICANN over new
gpmgroup - 12:43 pm on Nov 11, 2011 (gmt 0)
Eighty-seven major national and international business associations and companies have joined forces with ANA forming the Coalition for Responsible Internet Domain Oversight [crido.org...]
On behalf of its many constituencies and industries, CRIDO is committed to aggressively fighting ICANN's proposed program, citing its deeply flawed justification, excessive cost and harm to brand owners, likelihood of predatory cyber harm to consumers and failure to act in the public interest, a core requirement of its commitment to the U.S. Department of Commerce.
If the ICANN program proceeds, CRIDO firmly believes, the loss of trust in Internet transactions will be substantial. In addition, the for profit and non-profit brand community will suffer from billions of dollars in unnecessary expenditures - money that could be better invested in product improvements, capital expenditures and job creation.