The European internet domain name authority, EURid, has suspended 74,000 .eu domain names and taken legal action against 400 registrars for abusing the service.
The move comes after a syndicate of registrars systematically acquired domain names with the intent of reselling them at a higher price – an act called warehousing.
"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 cle...
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