Wednesday, October 24, 2007

Insider Domain Name Snatching Probed

An AP newswire article by Anick Jesdanun, via The Washington Post, reports that:

The Internet's key oversight agency is investigating suspicions that insider information is being used to snatch desired domain names before an individual or business can register them.

The Security and Stability Advisory Committee of the Internet Corporation for Assigned Names and Numbers termed the practice "domain name front running" and likened it to a stock broker buying or selling shares ahead of a client's trade, in anticipation of a movement in price.

More here.

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