Today the Coalition Against Domain Name Abuse (CADNA) was called into life - A move that goes hand in hand with the start of a larger campaign to combat cybersquatting. Cybersquatting, according to the United States federal law known as the "Anticybersquatting Consumer Protection Act", is registering, trafficking in, or using a domain name with bad-faith intent to profit from the goodwill of a trademark belonging to someone else.

CADNA was formed to raise awareness about Internet fraud and to advocate policy changes that will promote a safer Internet. On the CADNA.org website one can read that AIG, Dell, Eli Lilly, Hilton, HSBC, Marriott, Richemont, Verizon, Wyndham, and Yahoo! have joined together to fight cybersquatting. New members are, of course, welcome.
In a statement by Josh Bourne, the President of the Coalition Against Domain Name Abuse, it says:
"Over the past few years, the Internet has changed dramatically.  Today, nearly 75% of Internet users access Web sites through direct navigation - the practice by which the user enters a domain name into the address bar of a web browser, rather than through a search engine.  In response to this widespread practice, a cottage industry of fraud and intellectual property infringement has sprung up turning Internet browsing into a costly and dangerous game of Russian roulette. Web bandits and criminal profiteers have devised new ways to use domain names to rob consumers of their identities, brands of their hard earned trusted names, and the public of its safety.

Although the Anti-Cybersquatting Consumer Protection Act (or ACPA) was passed in 1999 to address some forms of domain name abuse, cybersquatting remains an underestimated and largely unmitigated threat.  Many consumers, brand owners and policymakers have yet to understand the full scope and impact that cybersquatting has on us all."
So, Domaindealers and especially Cybersquatters, be aware. In longrange, I see hard times coming up. I`m sure, domainparking provider like Sedo or NameDrive will have to react or will work with the CADNA and that means trouble. Read the CADNA press release here and the offcial statement here.