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A company that sells Internet domain names is facing criticisms for holding some in reserve as a consumer-protection measure, a move that also prevents interested parties from shopping around for better prices. After weeks of testing, Network Solutions LLC began this week to grab names that people search for on its Web site but don’t immediately register. The name is locked up for about four days, during which the person who made the search can buy it directly from the company for $35 a year _ a few times more than what many of its rivals charge. After that, the name returns to the pool and can be registered by anyone through any registration company. Spokeswoman Susan Wade said Network Solutions was trying to combat domain name front running _ the use of insider information to snatch desired domain names before an individual or business can register them
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A company that sells Internet domain names is facing criticisms for holding some in reserve as a consumer-protection measure, a move that also prevents interested parties from shopping around for better prices. After weeks of testing, Network Solutions LLC began this week to grab names that people search for on its Web site but don’t immediately register. The name is locked up for about four days, during which the person who made the search can buy it directly from the company for $35 a year — a few times more than what many of its rivals charge. After that, the name returns to the pool and can be registered by anyone through any registration company. Spokeswoman Susan Wade said Network Solutions was trying to combat domain name front running — the use of insider information to snatch desired domain names before an individual or business can register them
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NetSol Domain Registration Practice Criticized
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New Report from NetNames Reveals that Two Thirds of Top Online Retailers Have Been Cybersquatted