Network Solutions’ dirty secret

So it seems that Network Solutions is stealing domain names that their customers search for, hold them hostage so that they may only buy from Network Solutions for 4 days, then pass them off to domain squatters/snipers, presumably for a nice premium. This is quite the deplorable and disgusting practice, which goes without saying.

However, I highly doubt that this problem is limited to Network Solutions; in finding a domain to host our projects, our first choice name was registered less than a day after we first considered it and checked for its availability. It was then offered back to use for 4000 euros. We never searched through Network Solutions.

This is a terrible practice that is allowed through a hole left by the ICANN as a benefit to registrars, and it needs to be stopped.

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