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Despite Various Lawsuits, ICANN Approves VeriSign's Wait List Service
from the good-or-bad? dept
I imagine that this is not the last we are going to hear on this topic. Despite lawsuits from VeriSign and a group of domain registrars over this very issue, ICANN has moved forward and approved VeriSign's plans for a "wait-listing" service. The service is designed so that people can basically put in bids for domain names before they even expired, thus creating a master list. One potential benefit (or problem, depending on your point of view) is that it could act as insurance against companies who forget to renew their own domain. The smaller registrars claim this will harm their own business in selling expired domain names - which is likely to be true. However, not all actions that harm other companies' ability to make money are illegal. In many areas, that's just business. The real question, from a legal standpoint, is whether or not this goes beyond VeriSign's granted rights, and is basically allowing them to leverage their (legal) monopoly position into other areas. That's something for the courts to decide, but I'm sure many will find the timing of ICANN's approval (so soon after being sued by everyone) questionable.
Reader Comments
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Wait lists can be abused
My artist friend had his domain www.eezyart.com stolen from him by this very process.
Two days before his domain was up for renewal, he tried to login to the registrar's site and renew, but for some reason could not get all the way through the process.
He tried for two days, then lo and behold! A spammer from Las Vegas now has his domain. The website being hosted is nothing more than a search engine for art that only returns commercial listings.
What a scam.
And it doesn't matter who he calls, nobody seems to want to do anything.
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