German IDN subforum

[coconut]

The article says: "Except what Mr Burton didn't mention of course was that the $1m price tag included a premium because the government had already tried to take the domain by force at domain arbitrator WIPO - and was actually found guilty of domain hijacking."

My understanding is that the New Zealand government spent a total of about US$500K for newzealand.com (which at the time was about NZ$1 million) and that amount paid for the purchase from Virtual Coutries plus the earlier legal costs, so there wasn't a premium over the NZ$1 million as suggested in the article.

The article says: "Except what Mr Burton didn't mention of course was that the $1m price tag included a premium because the government had already tried to take the domain by force at domain arbitrator WIPO - and was actually found guilty of domain hijacking."

My understanding is that the New Zealand government spent a total of about US$500K for newzealand.com (which at the time was about NZ$1 million) and that amount was for the domain purchase from Virtual Coutries plus the earlier legal costs, so there wasn't a premium over the NZ$1 million as suggested in the article.