Controversy over .sucks rumbles on as ICANN asks the FTC to investigate if the system is "predatory, exploitive and coercive." It's over $2,000 to register in the sunrise, and will be about $10 after June.
It does make you wonder when the rate id over $2k now as people and businesses will want to protect their name while it's in sunrise.
Importantly, I wonder if it was ever a good idea to release it in the first place.
Currently, only trademark holders and celebrities may register Internet addresses ending in .sucks at a cost of more than $2,000 per name. Once the early registration period ends, ordinary people will be able to register .sucks names for as little as $10 in June.
The Internet Corporation for Assigned Names and Numbers (ICANN), a non-profit that sets policies for the global domain name system, said in a letter to the FTC and Canada's Office of Consumer Affairs that companies have complained the system is "predatory, exploitive and coercive."
ICANN asked the regulatory bodies to determine whether any laws had been broken. ICANN Asks FTC: If .sucks 'predatory, exploitive and coercive' [finance.yahoo.com]