[mdlug] [Fwd: [opensuse-offtopic] NetSol abuses the domain name, registration system.]

[Robert Adkins]

> -----Original Message-----
> From: mdlug-bounces at mdlug.org 
> [mailto:mdlug-bounces at mdlug.org] On Behalf Of Aaron Kulkis
> Sent: Friday, January 11, 2008 1:03 PM
> To: MDLUG's Main discussion list
> Subject: Re: [mdlug] [Fwd: [opensuse-offtopic] NetSol abuses 
> the domain name, registration system.]
> 
> David Relson wrote:
> > On Fri, 11 Jan 2008 00:28:10 -0500
> > Aaron Kulkis wrote:
> > 
> >> In short:
> >> 1. You want a domain name
> >> 2. you look up a domain name to see if it's taken.
> >> 3. NetSol (or other) detects the search, and
> >>     registers the domain name before you do.
> >> 4. Netsol then hopes to sell you the domain name
> >>     at some outrageous price, hoping you'll assume
> >>     that they intend to use it.
> >> 5. After some time, if the domain isn't bought,
> >>     then they release the domain name.
> >>
> >> ICANN has conducted an investigation.
> > 
> > Is #4 accurate?  
> > 
> > If I recall, some years back NetSol charged approx $35 to 
> register a 
> > domain for a year.  At present other registrars seem to 
> charge $8 or 
> > $10 or more.  The difference of $25 (or so) doesn't seem outrageous.
> > 
> 
> A 200-300% increase for doing the same electronic paperwork 
> as everyone else doesn't seem outrageous?
> 

	Come now Aaron, I thought were a Libertarian.

	If it is an outrageous markup, surely the invisible hand of the
market will correct their fatal mistake.

	Also, why even be concerned with this, obviously they came up with
an excellent business plan for which to extor-- er, I mean increase
shareholder value. They should be applauded as an excellent example of how
business is supposed to work.

> > Of course NetSol's domain squatting to charge the extra fee 
> is pretty 
> > underhanded ...
> 
> That's the point.
> A similar ploy in the financial sector, called fronrunning, 
> (a form of insider trading) is already illegal, and can put a 
> trader IN JAIL.
> 
> <http://www.google.com/search?q=SEC+stock+trader+frontrunning+
OR+frontrunner&start=0&start=0&ie=utf-8&oe=utf-8>
&client=mozilla&rls=org.mozilla:en-US:unofficial>
> 
> This is a similar abuse of trust, for similar purposes.
> 


	Surely you cannot be on the side of regulation! Why that would make
you almost.. someone interested in a legally enforced fair and equitable
system. That certainly isn't something that would allow the market to
correct bad behavior.

	I say the above, purely in jest.

	-Rob