US orders Google, Facebook and others to reveal details of years of acquisitions
theguardian.com
theguardian.com
They already control so many names, have janky pricing schemes, and are competing directly with designers.
I have 60 domains in the uniregistry cart that I am in the process to moving from godaddy. and this news hits.
not sure what to do now.
Sure if Panera voluntarily sold to mcdonalds it would just be an exit, an acquisition - investors and founders and stock holders and everyone can celebrate capitalism - yay.
that's all good and and fine, I am not hating on that.
However as a customer, goaddy has been screwing me more and more every year since they sold out to wall street. Uniregistry was the one place I found where I can get a better price with less of the sneaky dark pattern over sells and constantly changing price gouging.
I've had more than a dozen conversations with godaddy people about my frustration with their changing pricing patterns and how they screw their long term customers while fooling new people, and how uniregistry provides me with simple price and no BS in between buying and checking out, and no surprises year after year.
Now godaddy gets them to voluntarily sell out.
It's a sell out to one of the worst examples of wall street greed machines I have had to contend to with. They are taking over competition, and now it's likely to be ruined with the same predatory processes that godaddy has become the norm for.
in my opinion, this is how I see it as a user / customer. Investor's opinion may vary.
Also, there are dozens of domain registrars and it’s easy to transfer domains.
I had assumed they were profitable by not having the kind of staffing that godaddy has. It looks like they want more profits than they were getting - hey that's totally fine.
I have lodged my surprise and complaint with the company, I have told others that I think it is a terrible decisions for customers, and I am looking to vote with my dollars by choosing to move somewhere else.
I am also updating my recommendations to others.
I do not like that godaddy controls so many domain names and what they do with their market position. Uniregistry was my go to to get away from that, and now they are becoming part of that.
Forgive me, but isn't this pretty much how it's run? Smother your competition with cash and hope they all retire, and absorb their IP? Isn't this also one version of the startup dream?
Their surveillance and manipulation practices are gonna land a lot of people in huge trouble