Third parties will purchase or steal domain names and resell the Internet site to an interested party for a higher price. Through the U.S. Department of Commerce, the International Corporation for Assigned Names and Numbers (ICANN) regulates the domain registration infrastructure. ICANN has been criticized for not enforcing the illegal transferring of domain names to another registrar (a practice that’s commonly known as “slamming”).
The folks at MyDomainPain.com have launched their own effort about this – a grass roots campaign to demand Congressional action.
Please take a moment to check out MyDomainPain.com.