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06|21|2008 03:14 pm EDT

Domain Aftermarket Exec Bidding On Own Auctions

by Adam Strong in Categories: Up to the Minute

As reported by Andrew at DomainNameWire.com, reports have surfaced that Godaddy VP Adam Dicker has been bidding on domain auctions at TDNAM.com, the domain name after-market site he is charged with running. Network Solutions and Enom also allow employees to bid on domain names in auctions at Namejet.com. The practice of allowing employees to bid obviously creates a conflict of interest and raises ethical questions.  At the same time it is unclear how a company could possibly police this or prevent employees from bidding.

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2 Comments

chuck b

June 21, 2008 @ 3:23 pm EDT

WATERBOARD HIM!

RT

June 21, 2008 @ 3:26 pm EDT

I think it is little hard to stop them, as they alo want to invest some money in domain market and if they bid for thmself is good but if behalf of company then it is worst.

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