Argentine citizen bought google argentine domain for about $6
This week, an Argentine citizen bought the ownership of Google’s domain in the country for 540 Argentine pesos (approximately $6). Because of that, the google.com.ar website was down for some time.
As he later explained, the citizen, Nicolas Kuroña, bought the domain on the same day that Google’s ownership of it expired. In addition, he wrote on the social network Twitter that the purchase was legal and made accordingly.
— Nicolas David Kuroña (@Argentop) April 22, 2021
It would be expected that buying a domain name that belongs to another person or entity is illegal. However, it doesn’t work that way. When the domain ownership expires, it becomes available to everyone, as happened with Google in Argentina.
The practice of buying domains in order to sell them to their original owners is quite common and even has a name: cybersquatting.
The practice that came to be known as cybersquatting originated at a time when most companies were unaware of commercial opportunities on the internet. Some visionaries registered the names of companies known as domain names, with the intention of selling them to companies when they finally woke up.
In addition to Google, Panasonic, Fry’s Electronics, Hertz and Avon were also victims of cybersquatting.
Google has already recovered the domain and is now again the official owner, this situation did not affect international domain, google.com.