EU domain plans foiled by London company

A London-based domain name firm has confounded plans by the European Union to establish a unique domain presence exclusively for EU Internet companies

The European Union voted last month to approve the creation of the first level domain .eu by a non-profit organisation which would then offer it to institutions, private users and corporations within the European Union.

UK firm CentralNic has complicated these plans by buying the domain from a German couple who bought the domain several years ago. CentralNic is offering the second level domain extension to any company in the world that wishes to obtain a European presence.

A spokeswoman for CentralNic denies that this will threaten the development of European e-business. "If anything it gives extra opportunities," she says. "This is for wider Europe and for those who want to have a wider presence."

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