Huge shake-up planned for internet

Does this mean the TLD has to be restricted to three letters. Could a gay group, for instance have .poofter  or politicians have .liar. Car companies could I guess have .bmw although some manufacturers could have .crap for their products.

The net could see its biggest transformation in decades if plans to open up the address system are passed.
 
The net’s regulators will vote on Thursday to decide if the strict rules on so-called top level domain names, such as .com or .uk, can be relaxed.
 
If approved, it could allow companies to turn their brands into domain names while individuals could also carve out their own corner of the net.
 
The move could also see the launch of .xxx, after years of wrangling.
 

Source: news.bbc.co.uk

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