Europe's brand new .eu top level domain has been hijacked, according to one of the internet's leading registrars. GoDaddy CEO Bob Parsons has laid into .eu registry owner EURid for approving hundreds of what he calls "phantom" registrars who have walked away with the bulk of the 1.4m .eu domains registered since the domain was opened to the public earlier this week. In a blog post, Parsons accused EURid of "grand manipulation and lax administration" for allowing hundreds of companies to be registered with the same contact details. The way the process worked, each registered company was effectively put in a line and was entitled to make a bid for a single .eu domain. If the domain was available, it was given to the company, if not, it wasn't. That registrar then was sent to the back of the line to queue up again. View: The full story News source: The RegRead full story...

News source:
Full Story