Prohibits any person or entity from registering, reserving, or otherwise acquiring a domain name based on knowledge acquired through non-public information of a third party's interest in that domain name.
STATE OF NEW YORK
________________________________________________________________________
10667
IN ASSEMBLY
July 22, 2024
___________
Introduced by COMMITTEE ON RULES -- (at request of M. of A. Vanel) --
read once and referred to the Committee on Consumer Affairs and
Protection
AN ACT to amend the general business law, in relation to prohibiting
domain front running
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 147 of the general business law is amended by
2 adding a new subdivision 4 to read as follows:
3 4. "Non-public information" shall mean information that is not readily
4 accessible by the public or information that is made available to
5 members of the public upon payment of a fee.
6 § 2. The general business law is amended by adding a new section 148-a
7 to read as follows:
8 § 148-a. Domain front running prohibited. 1. No person or entity shall
9 register, reserve, or otherwise acquire a domain name based on knowledge
10 acquired through non-public information of a third party's interest in
11 that domain name.
12 2. A person or entity shall be only liable for a violation of subdivi-
13 sion one of this section if such person or entity is the domain name
14 registrant or such registrant's authorized licensee.
15 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15914-01-4
