27 Sep '16, 2pm

Must Read Story: Nominet Overcharges .UK Customers To Pay For Cheaper New gTLD's

Kieren McCarthy published a post yesterday entitled “The Great British domain name rip-off: Overcharged .uk customers help pay for cheaper .vodka; Time for competition authorities to take a hard look at Nominet” Here are some of the highlights of the story “.UK domain name holders are being overcharged while the company behind it wins contracts by undercutting the market in what may be illegal market abuse.” In recent months, Nominet has signed a number of contracts with commercial operators of dozens of internet extensions ranging from .boston to .vodka (Minds + Machines extensions). “However, industry experts are warning that those deals were likely won by Nominet offering below-market rates, effectively using the company’s vast profits from the .uk registry to cross-subsidise its commercial ambitions.” “Such behaviour almost certainly runs foul of UK competition law and...

Full article: http://www.thedomains.com/2016/09/27/must-read-story-nomi...

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