On Thursday the European Commission has announced that after Brexit the Commission aims to cancel approx. 317,000 .EU domains registered by natural persons, organizations and undertakings residing in the United Kingdom.
According to the plans of the European Commission, these domains are going to cancel the moment the United Kingdom officially leaves the European Union, about a year from now. The affected individuals and businesses will have no right to appeal the decision made by the European Commission. The Commission cites the criteria for eligibility to register a domain name with the .EU extension, which currently are:
- Undertakings having their registered office, central administration or principal place of business within the European community;
- Organizations established within the European Community without prejudice to the application of national law;
- Natural persons who are residents of the European Community.
Furthermore, the Commision bases his decision on the fact that in the future the United Kingdom will no longer be part of the European Union and that’s why citizens of such country should no longer be able to hold on or register .EU domain names.Many natural persons and businesses will probably be severely affected by this decision because they are potentially losing the names of their websites and all the work and marketing they have done over the years to build their portfolios, blogs, and businesses around it. Many of those .EU domain owners are the reason why a .EU domain name is seen as fairly credible among general internet users and website administrators, however, with this decision, it is more than likely that the .EU domain extension will lose all the flare and appeal it previously had. It must be one of the worst decisions made by the EU Commission in the last year or so.