ICANN is an acronym for the Internet Corporation for Assigned Names and Numbers, a private nonprofit organization. It was formed in October of 1998 by a coalition of internet business, technical, academic, and user communities. ICANN is responsible for the management of the Internet domain name system. It coordinates the assignment of internet domain names, IP address numbers and protocol parameter and port numbers. ICANN also is responsible for the stable operation of the internet's root server system.
What Is ICANNâs Uniform Domain Name Dispute Resolution Policy (UDRP)?
The Uniform Domain Name Dispute Resolution Policy (UDRP) is a policy adopted by ICANN that provides a mechanism for trademark owners to obtain domain names from "cybersquatters." All domain name registrars that have the power to grant .com, .net, and .org generic top level domains must follow the UDRP. The UDRP provides that before a domain name registrar will cancel, suspend, or transfer a domain name that is the subject of a trademark based dispute, it must have 1) an agreement signed by the parties, 2) a court order, or 3) an arbitration award. The UDRP created a streamlined "cyber arbitration" procedure to quickly resolve domain name ownership disputes that involve trademarks.