ICANN rubber-stamps .eu domain name

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INTERWEB OVERLORD ICANN gave the ok to the European Commission-appointed-organisation, Eurid, to go ahead and use the top level domain (TLD) name suffix .eu.

Wary of so-called cyber-squatting, Eurid, said it had appointed PricewaterhouseCoopers, Belgium, to validate "prior right" claims invoked by domain name applicants during the so called "Sunrise Period" at the launch of .eu.

A draft .eu registration policy will be published in June and the ‘sunrise period’ will begin in "late 2005".

The creation of the .eu TLD is seen as an important step in accelerating electronic commerce in Europe, the promotion of the European identity and creating higher visibility of the internal market, the not-for profit organisation said.

During the four-month, quirkily-named "Sunrise" period, only public bodies and holders of rights, such as trademarks and company names, will be entitled to register the corresponding name in the .eu TLD. Thereafter, "general registrations will begin on a first-come-first-served basis," a statement from Brussels said.

"Offering holders of prior rights a genuine opportunity to protect their names is an essential step to building trust in the electronic market place and in particular the .eu TLD." asserted EURid General Manager, Marc Van Wesemael. He said the opganisation wanted to minimise "abusive registrations" and avoid disputes over names.

Source.