A new bill has just been introduced in the U.S. Congress that could have an enormously negative impact on the domain business. The bill, introduced by three Senators, has an 

innocuous title - The Anti-Phishing Consumer Protection Act of 2008 - but carries what could be a lethal payload for many domain owners. No one can argue with the need to stamp out phishing. The problem is this bill is a trojan horse that would go much further than what the title implies. 

Veteran domain investor Michael Berkens, who is also an attorney, has a good analysis of what is at stake on his TheDomains.com blog today. The Internet Commerce Association is also studying this bill and preparing a response. After looking at it ourselves I plan to write more about the possible consequences should this bill pass in our February newsletter that will be sent out later this week.

Michael Berkens

(Posted Feb. 26, 2008) To refer others to the post above only you can use this URL:
http://www.dnjournal.com/archive/2008/dailyposts/02-26-08.htm