Internet Law

Shill Bids for Domain Names Made by Auction Company Exec, Suit Alleges

By Martha Neil

Nov 9, 2009, 11:57 am CST

Shill bids for tens of thousands of domain names were secretly made by a former executive of the company that auctioned the domain names, a lawsuit alleges.

An unidentified former vice-president of SnapNames.com, which is a subsidiary of Oversee.Net, Inc., manipulated the auction and drove up prices for domain name… full story