The process is long, arduous, and holds no guarantee for the victim of extortion that the case will be ruled in their favor. Some of these cases go on for years before a ruling is made, especially in the case of corporations or people that are not necessarily household names. And this is when the paperwork is in order. I think this pay-to-play DNS naming scheme is awful and clearly a rigged system supporting an oligarchy.
What victim? What extortion? What are you talking about? You are just simply hating a process you hadn't even tried just for the sake of hating it.
Even before the existence of gTLDs there were stupid legal cases because companies like Apple felt entitled over a domain like a.pl[1]
If you own <trademark>, you are not entitled to own every <trademark>.<tld> combination unless <trademark>.<tld> is related to your business, taking the example from apple, you (Apple) may be entitled to own apple.computer and apple.inc, but not apple.groceries
The ICANN guarantees (if you register your trademark) that only you (Apple) will be able to register apple.computer, apple.inc, and every other apple.<tld> closely related to your trademark, but if you don't want to register those domains, nobody else will be able to register them. Where is the extortion in that?
Your arguments about extortions and supporting oligarchies are simply ideological fallacies. Selling domains is a business, and people with enough funds will profit from them whenever you like it or not.
Except that they do, all the time, as I said previously. The extortions and the victims come in when this oligarchy of the wealthy registrars apply for and are approved a TLD which is for the obvious purpose of making everyone buy theirname.shithead to prevent a literal theirname.shithead website. This is extortion on a different level, and it's not hard to see it, so it's apparent you're denying the obvious in order to support your (incorrect) assertions.
