European Domain Name System Failing, Critics Say

Europe must reboot its fledgling domain name to avoid a system crash, critics say, after alleged missteps allowed cybersquatters to stockpile trademarks for auction. But many who tried and failed to grab their company or trade name say a suspect rollout procedure left them domainless and out of pocket, while the agency regulating .eu has been forced to suspend tens of thousands of domains after discovering 400 of its authorized resellers were phantom companies, created on paper by a handful of registrars to harvest the best names for profit.

  • Read the article: Wired News