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Elizabeth Warren calls for crackdown on Internet “monopoly” you’ve never heard of | Senator wants to investigate whether VeriSign is ripping off customers and violating antitrust laws
Senator wants to investigate whether VeriSign is ripping off customers and violating antitrust laws.
US Senator Elizabeth Warren of Massachusetts and Congressman Jerry Nadler of New York have called on government bodies to investigate what they allege is the “predatory pricing” of .com web addresses, the Internet’s prime real estate. In an August blog post entitled “Setting the Record Straight,” the company claimed that discourse around its management of .com had been “distorted by factual inaccuracies, a misunderstanding of core technical concepts, and misinterpretations regarding pricing, competition, and market dynamics in the domain name industry.” “ICANN and VeriSign function as a de facto cartel, and the NTIA should stop sanctioning the ‘incestuous legal triangle’ that serves as a shield to deflect overdue antitrust scrutiny into their otherwise likely illegal collusive relationship,” the coalition claims.
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