- Toby Inkster
- netsol; domains; monopoly
They wait for people to whois query a domain (commonly done as a first step to registering a domain -- to check that nobody already owns it), and if nobody owns it, they temporarily register it for five days (after which they'd have to pay for it themselves!) and thus prevent anyone from registering the domain name using a competing registrar. More details here.
According to CNET, they've already started backpeddling on this.