It's mostly a matter of "they spent (and continue to spend) a lot of money on it" but you can read about who has applied and what the requirements are here http

It's mostly a matter of "they spent (and continue to spend) a lot of money on it" but you can read about who has applied and what the requirements are here https://newgtlds.icann.org/en/applicants/agb/base-agreement-contracting/specification-13-applications https://newgtlds.icann.org/en/applicants/agb/base-agreement-...