GoDaddy and Dot EU

The mainstream media has given an overwhelming welcome to dot eu such as here at the BBC where they are essentially re-running press releases. Godaddy's Bob Parson's takes a different view with seemingly very good reason. He blogged that view on Sunday and to date only Betanews has picked it up. Dummy registrars are not new and this was all very predictable within the framework chosen and the general lack of understanding of the secondary market for domain names. Sedo already has around 20 000 dot eu domains for resale many of which are advertised for more than cost of dummy registrar creation.