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This actually happened to a domain that I had listed on BB for a fair price. I say "fair" because I would have actually liked to have listed it for higher, but obviously BB puts a limit on the price for any particular domain. For obvious reasons, I won't disclose the domain, however, I'm curious if anyone has recently had any of their BrandBucket domains purchased by HugeDomains? When this happened to me, immediately after they purchased the domain, it was then listed on their Hugedomains marketplace for literally 3X the price than what was allowed to be listed on BrandBucket.
Things are really beginning to look increasingly wicked in this industry as of late. If others have experienced this, it would make me wonder how often they deploy this type of strategy. After reading this thread, it certainly appears that we need more transparency regarding TurnCommerce. With the (alleged) business practices of bidding up their own listings at DropCatch using foreign bots or whatever else, if proven true, would really explain how they would be able to pay higher prices for other domains, in addition to bidding up auctions on both GoDaddy and paying "premium" prices on BB.
We should be greatly concerned that literally 50-60% of the active, expired GoDaddy inventory is being snatched up (and artificially bid up) by TurnCommerce. With those type of numbers, this ain't capitalism at this point, folks. It would simply be a rotten monopoly at best (and at worst) potentially violating antitrust laws if any of the other alleged business practices are ever found to be true.
Thoughts?
Things are really beginning to look increasingly wicked in this industry as of late. If others have experienced this, it would make me wonder how often they deploy this type of strategy. After reading this thread, it certainly appears that we need more transparency regarding TurnCommerce. With the (alleged) business practices of bidding up their own listings at DropCatch using foreign bots or whatever else, if proven true, would really explain how they would be able to pay higher prices for other domains, in addition to bidding up auctions on both GoDaddy and paying "premium" prices on BB.
We should be greatly concerned that literally 50-60% of the active, expired GoDaddy inventory is being snatched up (and artificially bid up) by TurnCommerce. With those type of numbers, this ain't capitalism at this point, folks. It would simply be a rotten monopoly at best (and at worst) potentially violating antitrust laws if any of the other alleged business practices are ever found to be true.
Thoughts?
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