I believe that .CO has the right to commercialize their cc as they deem necessary. Is good to know that they are taking action to prevent well known bad practices in the domain name ambient.
You mean .CO Internet SAS/Neustar. The IANA delegation record for .CO says: "Country-code top-level domain designated for Colombia" .CO Internet SAS website says about What is .CO: "CO is the new domain extension that offers a truly global, recognizable and credible domain name for individuals and organizations to build their businesses and brands. It’s the online space where possibility meets opportunity; where people can fulfill their dreams and the world’s next great enterprises will have a home. " AFAIK, it is not a "new domain extension" and IANA/ICANN still considers it the ccTLD for Colombia. Then if it is no longer used and promoted as the domain designated for Colombia (given that the Colombian government is not even listed as sponsoring organization), there is no sovereignty claims that apply and the name should be considered as a gTLD.
It is perfectly understandable that .CO wants to make money and as long as it is following the rules like many other ccTLDs we have nothing to complain about. I fully support Eduardo and the .CO people
When making money is the top priority, the end user gets always screwed up. Regards Jorge