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31.07.2002

Seeking to crack down on abusive registration of internet addresses, the European Commission launched an on-line consultation today asking citizens if they feel threatened or worried by "cybersquatters". 

Cybersquatters are individuals who buy internet domain names with which they have no connection in the hope of reselling them at a high price to a person or company that shares the name. 

Fearing that the practice may undermine the imminent launch of the .eu internet domain, the EU Commission will use the findings of the consultation to consider taking action. 

"Cybersquatting could prejudice our efforts to make .eu one of the engines to boost internet use and e-commerce in Europe," European Information Society Commissioner Erkki Liikanen said in a statement. 

The EU recently approved the creation of .eu -- a new geographical domain name for the 15-nation bloc -- as the final tag of an internet address, just as .nz is for New Zealand or .au for Australia. 

The Commission hopes it will boost the EU's visibility on the internet and facilitate e-commerce. It expects companies and organisations active throughout the bloc to register with the new domain name. 

More at: http://www.nzherald.co.nz/storydisplay.cfm?storyID=2347093&thesection=technology&thesubsection=general