Under this policy, the holder of a trademark can submit a cyber squatting case to an approved dispute resolution service provider on ICANN’s list. The complainant must demonstrate that the disputed domain name is identical or confusingly similar to its trademark, that the respondent does not have a right or legitimate interest in the domain name and that the respondent registered and uses the domain name in bad faith.
ICANN will cancel, transfer or otherwise make changes to domain name registrations after receipt of a decision of Administrative Panel acting under its policy. The procedure is usually conducted in writing.
The procedure is designed not to last more than 55 days. Fees may range from US$ 1,500 for a dispute concerning one domain name before a single panelist, up to US$ 7,000 for a dispute concerning 10 or more domain names before three panelists.