Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Amazon.com Inc. (AMZN): Master of Its Domain – and Others, Too?

Amazon.com Inc. (NASDAQ:AMZN) – a trendy stock play among hedge funds that we track regularly – has gained full control of its destiny and its e-commerce marketplace, serving as the dominant e-commerce retailer known to man. And woman. And children. And even the pets. Amazon has made a huge impact in the e-book realm since introducing the e-book marketplace and the various Kindle devices on which to read those digital books. Devices like the Paperwhite (pictured) have helped Amazon be the No. 1 source for digital reading materials on the Internet.

Does this mean that Amazon.com Inc. (NASDAQ:AMZN) should be able to claim some new web domains as part of its stable, pushing out publishing houses and authors from using them? After the Internet Corporation for Assigned Names and Numbers (ICANN) unveiled nearly 2,000 new domain names, and the organization is currently determining where to transfer control of those domains. Amazon.com Inc. (NASDAQ:AMZN) is getting some blowback from several rivals because the company is aggressively pursuing the .book, .author and .read domain names presumably for its Kindle products and e-book marketplace.

Amazon.com, Inc. (NASDAQ:AMZN)In a letter to ICANN,The Authors Guild and the Association of American Publishers are urging the organization to not hand over too many domains into the control of a single company. Specifically, in addressing these literary-based domains would allow those companies to “entrench their market power” and could provide dire consequences for the publishing industry as a whole.

But this not all for Amazon.com Inc. (NASDAQ:AMZN). Apparently its bloodlust for domains stretches beyong the literary, as the company is reportedly bidding for such domain names as .amazon, .app, .audible, .cloud, .fire and .map.

What do you think about this? Should these domains go to the highest bidder, or should Amazon.com Inc. (NASDAQ:AMZN) just share with other companies? Let us know yoru thoughts about this in the comments section below.

DISCLOSURE: I own no positions in any stock mentioned.

Please see these related AMZN articles:

A Used E-book Marketplace Coming Soon?

Bigger Investments in Smaller Tablets?

Which is Most Reputable – Amazon or Apple?

Loading Comments...