Online business Toolkit
Story: Registrar named in massive cybersquatting suit
Posted by: Anonymous (Friday 23 June 2006, 2:09 AM)
This is a start but... ICANN and Verisign need to stop hiding behind the tree and start doing their job to combat this problem. They are NOTORIOUS for collecting our fees on domain names and not doing anything to create a FAIR marketplace for us. It seems that they are PROTECTING the registrars so they can Unless they start furnishing us reasonable service, we should have the right to choose other companies to give our hard earned money too.
As it stands now, its a monopoly and we have no option but watch them do nothing.
"Over 35 million names were registered for the month of May. Of those just over 2.7 million were permanent registrations. That means that 92.3% of all domain names registered were part of a scam now known as domain kiting. These names were kept off of the market, they were used to generate search engine revenue – AND BECAUSE OF A LOOPHOLE ICANN REFUSES TO ELIMINATE – those 32.3 million names were used without being paid for."
Source: BobParsons.com
http://www.bobparsons.com/MayKiting.html
Any registrar that "kites" more than 10% of the registered domains per month should have their "registrar" status pulled from them and put back on the market. Also, pull their ability to purchase domains for 30 days. They should also be fined 2 dollars for each domain that has been returned. Hit them in the wallet or they are not going to stop. If this continues, people like myself, will have no option but to join the "kiting" community, just to be able to give our customers a fair shot in the marketplace.
The kiting wars will ruin business on the net as we know it since it creates an unfair playing field for all but the registrars.
Dotster is a start, but as you can see, ICANN and Verisign is looking the other way. Business are having to challenge the registrars and this should be the job of ICANN and Verisign.
If not, then why is it mandatory that we have to pay their fee to do little, if not anything.
Full Talkback thread
