stevarooski writes "I saw this over at Ars. Apparently a judge ruled in a lawsuit about the alleged illegal transfer of the domain name 'sex.com' that URLs do not qualify as property, at least under current law. They are instead a "designation for a service -- akin to a phone number." I dont know if I buy that. . .People very much treat domain names as property--buying and selling them on the web all the time. (Examples from Ebay and Yahoo.)"
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