For example, if burger-king.com were
available, a cybersquatter might reserve
the domain with hopes of reselling it at a
premium to the fast food chain Burger
Dear sir or madam;
Since the beginning of the registry of domain names , the policy have, and still are, sold on a "First Come First Serve basis". I agree there have been some outcasts that abuse the system with no regard and have left a bad taste for the honest business community.
However there are the rest of us business entrepreneurs who have invested a great deal in domain name as have a real estate investor or developer in the interest of land and buildings. Now, because of those few rebels that have harmed the domain name industry, the rules are about to change so severely to so effect the honest domain investor. We have invested a great deal of time and money in this business and feel we should be fairly treated, as the real estate investor would.
If the policy changes, it should also protect the honest business man who in good faith registered and purchased domain names with honest intentions.
Therefore we feel that any new rulings ( as Always) would take effect from the first business day following of the new ruling and hence take effect on any new registrations, NOT domains that were sold under the previous rules.
I am sure that any judge would rule that if a domain name was sold on a first come bases, then the owner has the right to ownership.