Brexit and Domain name
The European Commission, with a recent statement, has confirmed that individuals and institutions based in UK will no longer be able, as of the UK’s withdrawal date from the EU, to register domains using “.eu” TLD; moreover whoever currently own such domain will not be permitted to renew.
The problem will concern, in particular small and medium sized brands which cannot demonstrate an additional European bases of commerce in one of the 27 remaining member states; these will stand to lose their domains.
In addition to the public was taken aback the company responsible for management and administration of the “.eu” TLD, which is EURID, because it received the communication with no prior warning or consultation.
It is evident that the negotiations governing the exit process of UK from UE are vital, in order that the interests of brand owners both domestic and community based remain protected.