[jpswade]

“In keeping with our efforts to sharpen our focus, we have entered into a definitive agreement with Squarespace for the acquisition of customer accounts of the Google Domains registrar business,” said Matt Madrigal, Vice President and General Manager, Merchant Shopping of Google.

I imagine they've underestimated what it takes to operate as a domain registrar, and presumably there's too much politics and conflict of interest in that space.