by Mike Masnick
Fri, Aug 28th 2009 1:51am
It's quite common for regulators around the world to insist that no company can call itself a "bank" unless it's an official, regulated bank. In fact, that's often why you see companies (including holding companies of real banks) that use the word "banc" instead of "bank." It's to get around such regulations. However, it looks like regulators in Sweden have gone a step further, telling the Swedish domain registrar, that it can't even allow any domain name to be sold with "bank" in it, unless it's sold to an official bank (found via Michael Scott). Of course, the whole thing seems ridiculous. There are plenty of legitimate reasons why a site might want to use the word "bank" in a domain name without being a bank themselves. A domain could be a site about banks, a service site like Bankrate or simply contain a surname like Banks -- which shouldn't confuse too many folks.
If you liked this post, you may also be interested in...
- For The Gander: Bahnhof Sends Copyright Troll Spridningskollen A Trademark Violation Settlement Letter
- When ISPs Become Anti-Troll Advocates: Bahnhof Turns The IP Tables On A Copyright Troll
- Sweden Considers Making DNA Donated Purely For Medical Research Available To Police And Insurance Companies
- Swedish Court: Wikipedia Hosting Photos Of Public Artwork Is Copyright Infringement For Some Reason
- Topsite Operator, Who Admitted To Operating Servers With Tons Of Pirated Movies, Gets Off With Just Probation