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A U.S. domain registrar recently shelved the industry after its users searched for the domain name for up to four days and prevented users from registering their domain at cheaper prices on other websites.
The company is a US domain name registrar, Network Solutions. According to their company's practice, once a user has searched for a domain name on their site, the registrar will retain the domain name for four days. During this time, users can not register domain names on other websites, registering for the company for only $ 35 a year.
The price of $ 35 is several times higher than that of other domain name registrars and, in addition, the company retains the domain name for four days without relying on registrar fees to pay for it.
Susan, a spokesman for the company, said the move was aimed at preventing others from registering names, and some cybersquatters now register for downloads and sell at higher prices once they know they want to sign up for a domain name. Their reservation can ensure that the domain name is not being registered by others.
However, the practice of this company was shelled by industry insiders. A blog commenting on the company's practice is "extremely unacceptable."
Jay Weststaller, president of Name Intelligence, a US domain name company, said: "They use dirty tricks but claim to be helping their customers, who are too shameful."
Network Solutions said they are not cybersquatting, as long as the last four days, the domain name will be able to register on any website, in addition they do not want to register this domain name yourself, but do not want to rely on the sales domain name to make money.