History
The idea for an independent global domain name registry stems from a series of conversations between one of CentralNic's original founders and the late Jon Postel, one of the founding fathers of the modern Internet. Postel suggested the use of .UK.COM to compete with .CO.UK, at a time when the proposed price of the latter was about $300.
After the use of UK.COM other ISO Country codes ending in .COM were also established such as AU.COM (Australia) and HK.COM (Hong Kong) and many other countries.
Read more about this topic: Independent Domain Registries
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