I received an email that the alternative domain extension .au.com will cease to function (and exist I think) after Feb of next year.
Our customer business was registered using the alternative domain because the "real" .com.au owner wants such a price as to be considered ransom. (3 - 4 years profit to purchase it)
Well, this company I do business for will essentially be out of business as the whole of the company rests on this domain name. There may even be some legal exposure to me because of it.
I have never heard of a domain extension going down or the need to plan for such a possible disaster... can this really be happening? Can they get away with this?
Opinions please. Perhaps suggestions as to what way to proceed...