If you've ever typed a website address or thought about starting an online business, you've interacted with domain names and companies like GoDaddy. But a new lawsuit reveals how GoDaddy's domain auction practices might be more complicated – and potentially unfair – than you'd expect.
GoDaddy, a giant in the domain world, is facing a class-action lawsuit over its domain name auctions.
This lawsuit alleges that GoDaddy's own employees or agents secretly bid on domain names, inflating prices and then reclaiming them if they didn't hit a certain internal value.