US Senator Ron Wyden Tweets About .Org Sale

The fallout continues from the announcement that a private equity company will be acquiring PIR and the .org registry it operates for a reported (but yet to be independently confirmed) sale price of $1.135 billion. There have been a number of organizations, businesses, news publications, and people that have called foul in the wake of this deal announcement.

This afternoon, ICA General Counsel Zak Muscovitch retweeted US Senator Ron Wyden (Oregon), who expressed his concerns about the .org acquisition:

In his tweet, Senator Wyden linked to a Mashable article discussing the acquisition and ICANN’s declaration that the organization is “powerless” to do anything about the pending deal. It remains to be seen if there is anything that any organization or governmental body can do, so it will be interesting to see if any US government agency or department investigates and/or takes action.

I have not seen other elected officials comment on the pending deal yet, but I would not be surprised if that happens. It doesn’t seem like ICANN really cared much about all of the comments opposing the lifting of price caps for .org, but perhaps elected officials will care if they hear from their constituents.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

8 COMMENTS

  1. Said it before and I’ll say it again: none of this including price caps could ever have happened under US oversight, DESPITE all the corruption we certainly have here.

  2. And no, it’s not “shrewd” of those doing it. You have to be nothing less than a sociopath to take advantage and go through with it. That means everyone associated with the purchase at the buyer’s end who approves is a sociopath, not a “shrewd” business person.

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