6683 1 3 econsultancy_xml <p>The domains in question were all registered for three UK-based limited companies, Fausto, Ovidio and Gabino. Between them, the three companies registered 74,000 names.</p> <p>"Since registrars should only register domain names for existing customers and not 'warehouse' the names in order to resell them at a higher price, this is clearly in breach of the registrar contract," said Herman Sobrie of EURid in a <a href="http://www.eurid.eu/en/general/news/eurid-suspends-74-000-eu-domain-names-due-to-breach-of-contract">statement</a>.</p> <p>EURid said the domain names had been put on hold and that it hoped to make them available for registration again by the end of the year.</p> <p>The organisation announced recently that it had sold its 2 millionth .eu domain in just three months. </p> <p>However, it said that abuse of the registration system could lead to a <em>"risk that the perceived value of dot-eu will decrease, not only for the almost two million legitimate holders of dot-eu domain names but also for all fair registrars"</em>.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>The domains in question were all registered for three UK-based limited companies, Fausto, Ovidio and Gabino. Between them, the three companies registered 74,000 names.</Paragraph> <Paragraph>"Since registrars should only register domain names for existing customers and not 'warehouse' the names in order to resell them at a higher price, this is clearly in breach of the registrar contract," said Herman Sobrie of EURid in a <Link URL="http://www.eurid.eu/en/general/news/eurid-suspends-74-000-eu-domain-names-due-to-breach-of-contract" Window="New">statement</Link>.</Paragraph> <Paragraph>EURid said the domain names had been put on hold and that it hoped to make them available for registration again by the end of the year.</Paragraph> <Paragraph>The organisation announced recently that it had sold its 2 millionth .eu domain in just three months. </Paragraph> <Paragraph>However, it said that abuse of the registration system could lead to a <Quote>"risk that the perceived value of dot-eu will decrease, not only for the almost two million legitimate holders of dot-eu domain names but also for all fair registrars"</Quote>.</Paragraph> </FormattedContent> 2006-07-25T10:33:00+01:00 1 1 econsultancy_xml <strong>Over 70,000 .eu domain names have been suspended by the European domain name authority after the launch of legal action against a group of 400 registrars for "abusive behaviour".</strong> <p>EURid said the move had been prompted by <em>"abusive behaviour" </em>by a syndicate of registrars who had stockpiled domain names with the obvious intent of selling them on - a practice known as 'warehousing'.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Emphasis>Over 70,000 .eu domain names have been suspended by the European domain name authority after the launch of legal action against a group of 400 registrars for "abusive behaviour".</Emphasis> <Paragraph>EURid said the move had been prompted by <Quote>"abusive behaviour" </Quote>by a syndicate of registrars who had stockpiled domain names with the obvious intent of selling them on - a practice known as 'warehousing'.</Paragraph> </FormattedContent> false 101 361421 .eu authority suspends 74,000 domain names false 2006-07-25T15:49:00+01:00 eu-authority-suspends-74-000-domain-names 2009-04-28T22:31:02+01:00 2009-04-28T22:31:02+01:00 289