The sale of .EU top-level Internet domains was opened to the public last April 7th (open to European citizens and businesses), and since then the domains have been selling like hotcakes. According to Eunid, the non-profit registry that oversees the operation of the domain space, more than 1.3 million .EU domains have been registered as of Monday, with 700,000 being registered on the first day alone.
German users led the pack, owning about half of all .EU domains so far, with about 400,000 domains registered . Brits followed close behind, with 270,000 plus. The rush to purchase domains is brought about by the likelihood of these names becoming popular online names in the near future. Some consider such activities as domain squatting, but this is actually a perfectly legitimate business for some individuals and companies, which are called “domainers,” or domains that are otherwise unused, but stuffed with keyword-rich content and links.
On sorting out disputes, Eunid has set up a virtual adjudication chamber where hearings are conducted, and so far 60 requests for adjudication have been submitted.