Daniel Kollinger, a German domain name expert, said "warehousing" -- as the scooping up of names is called -- was done by companies in Germany, Austria, and the Benelux.They used unusual trademarks or shell companies to obtain the names which are then offered for sale or used as billboards for adverts, Kollinger said.
"This will cause problems for the European Internet market as the intention of .eu was to give greater presence to it. Now it's concentrated among about 20 people and they can develop it as they want," he told Reuters.
[today.reuters.com...]
The only thing that would make me smile is for some authority, somewhere in the EU, to sue certain people for abusing the system - be it fraud or whatever applies in the EU - and take a big whopping money judgment against whomever and seek to enforce it.
Play games? Be prepared to pay. Bankrupt a few well moneyed operations, including their principals, and see what happens.
The only thing that would make me smile is for some authority, somewhere in the EU, to sue certain people for abusing the system - be it fraud or whatever applies in the EU - and take a big whopping money judgment against whomever and seek to enforce it.Well EURid is supposed to be taking an action in a Belgian court next month against 400 of these bogus registrars (the Ovidio syndicate) for breach of contract.
It is refusing to take action against others so only external intervention will force these bozos in EURid to act. They lied about there being a problem with warehousing. The European Commission told them to investigate and surprise, surprise, EURid puts 74K domains on hold. It is obvious that EURid is untrustworthy when it comes to the problem of warehousing and cybersquatting.
The funniest quote in the story is this:
'"There is no law saying you can't have many domain names," its general manager, Marc Van Wesemael, told reporters.
"Even if you tried to think of a rule to prevent this happening, I don't know what the rule would be," Wesemael added. '
Perhaps he should read the EU regulations on .eu - specifically the ones that mention warehousing. He may find it illuminating.
Regards...jmcc
