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Domain drop-catching service DropCatch.com has added five hundred new registrar accreditations to its stable over the last few days. The additions give the company a total accreditation count of at least 1,252, according to DI data. That means about 43% of all ICANN-accredited registrars are now controlled by just one company.
… by a number from 446 to 751. Each has a matching .com domain as its nominal base of operations and an associated LLC shell company. At $4,000 a year for the base accreditation fee, TurnCommerce must be spending close to $2 million a year in ICANN fees alone. Companies in the drop-catching business acquire large numbers of registrars in order to control…