19962013
Netster Files $100 Million Lawsuit against VeriSign Inc. over "Sitefinder"
"Popular Enterprises LLC, the parent company of Netster.com, has filed a $100 million dollar lawsuit against VeriSign, Inc.
The Complaint alleges antitrust violations, unfair competition and violations of the Deceptive and Unfair Trade Practices Act based upon VeriSign's release of the http://sitefinder.verisign.com product.
According to Popular Enterprises, the "Sitefinder" service allows VeriSign to monopolize unregistered ".com" and ".net" domains, and to profit by redirecting all Internet traffic for these sites to pay-for-placement sites controlled by VeriSign. If they are allowed to operate Sitefinder, VeriSign will now profit from Internet traffic directed to all unregistered domain names, including thousands of domain names that VeriSign has refused to allow the public to register. "
See this post as it first appeared on Blogware.
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(name not saved), September 18, 2003
You can read the complaint here.