Security News > 2020 > January > Protestors petition equity firm over .org buyout

Protestors petition equity firm over .org buyout
2020-01-24 11:48

People worried about the.org top-level domain will be there protesting its sale to a private equity firm.

They'll be handing over a petition signed by over 21,000 people to the Internet Corporation for Assigned Names and Numbers.

They're worried about the sale of.org to Ethos Capital, a new private equity firm that could profit from a new-found ability to increase the price that it charges for.org domains.

Hackles were already up when on 13 November 2019 ISOC announced that it had sold PIR along with its.org registry license to a newly formed private equity company called Ethos Capital and its affiliate, Purpose Domains Direct LLC, for $1.135bn.

We committed to limiting any potential increase in the price of a.ORG domain registration to no more than 10% per year on average, even though today there are no regulatory pricing constraints on PIR or virtually any other domain name registry.


News URL

https://nakedsecurity.sophos.com/2020/01/24/protestors-petition-equity-firm-over-org-buyout/