this post was submitted on 23 Sep 2024
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Same for .nu, the TLD for Niue, which is used by businesses in the Netherlands, Denmark and Sweden, where "nu" means "now". It's been taken over by a Swedish company, and they, backed by the Swedish government, refuse to give it back or share the profits, saying it's "essential for Swedish internet infrastructure". Colonialism at it's finest.
And just for context: Niue has about 1500-2000 inhabitants, and it is estimated that they missed out on about $150 million in revenue since 2013. That's $100000 per capita, and a revenue stream that's more than their entire GDP.