Walks like a duck
The speed at which the appeal was denied is not proof of funny business - but does lend itself to the suspicion of some flavor of mutual back-scratching.
The US Department of Justice is digging into the highly unusual auction of internet extension .web last year, the company that purchased it has admitted. Speaking on Verisign's quarterly earnings conference call on Thursday, CEO Jim Bidzos told investors that on January 18 the registry had received a civil investigative demand …
"Nu Dot Co was the only one out of those seven that refused to take part in a private auction where the proceeds would be shared between the companies rather than a public auction where the money would be given to domain name overseer ICANN."
Elsewhere, the "private auction" concept would be frowned upon, possibly even illegal. How does it further the public good?
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