Thought I would start a new thread on this as he old one was getting off-topic, plus too many P.S. comments.
Someone commented perhaps a firm paid $26,250 for their non-generic company name due to the expense and time involved in litigation. I don't think that is so.
Most corporations won't pay anything for a name as a matter of policy, even for their company name, or else will never pay more than the WIPO cost. I have run into that several times.
Big firms really don't care about legal fees as that is in their corporate budgets. They also likely have attorneys on retainer or on staff, so the cost to the firm is insignificant anyway. It's a matter of principle with them in not paying, not the expense or time involved. Plus, the WIPO process is actually fairly fast.
Was not aware of the 50% price increase at WIPO. That sure is a big increase when world-inflation is so low. However, they started out far too low.
It's absurd for big firms like AOL or Yahoo and others to pay such a very small fee. I always thought the WIPO fee should have been at least $50,000 for a big corporation, lower for small firms but still at least $10,000.
There have been far too many frivilous cases filed mainly due to the low cost. Before WIPO a firm had to pay $10,000 to $25,000 or more, in legal fees to grab a name via the Courts. Now they can do it for less than $2,000. No wonder there are so many unjustified WIPO cases.
05-31-2002, 11:18 PM
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