Not to change the focus off of Verisign, but I wonder what the FTC is going to do about DRoA since they are still actively using the same deceptive-business practices...
> ---------------------------------------------------------------------------- > > VeriSign agrees to oversight of marketing efforts > Mon September 15, 2003 03:10 PM ET > By Andy Sullivan > > WASHINGTON, Sept 15 (Reuters) - U.S. regulators will make sure Internet > domain-name seller VeriSign Inc VRSN.O . provides refunds or free > service to consumers it signed up in a controversial marketing campaign > last year, according to court documents filed late last week. > > The Federal Trade Commission charged VeriSign with deceptive-business > practices on Thursday in U.S. court in Washington after the firm sent > out "domain name expiration notices" to competitors' customers in the > spring of 2002. > > VeriSign warned domain-name holders that they could lose control of > addresses like "www.example.com" if they did not promptly send $29 to > VeriSign. > > The forms were intended to trick domain owners into unwittingly > transferring their accounts to VeriSign, the FTC charged. > > VeriSign agreed to provide refunds or a year of free service to > thousands of customers under a class-action settlement reached earlier > this year in a California court. Friday's FTC settlement, in which the > company did not admit or deny guilt, means that it could face steep > fines if it resorts to such marketing tactics again. > > VeriSign must also allow the FTC to monitor its marketing efforts for > the next five years. > > "This matter relates to a marketing campaign that ended more than a year > ago," VeriSign spokesman Tom Galvin told Reuters. "VeriSign cooperated > fully with the FTC and is pleased that the matter is fully resolved." > > An FTC official declined to comment. > > -- > If a train station is for trains to stop at, then I think I'm making good use of my > work station. > > -- "If Verisign is the 'Value of Trust', then trust ain't worth *ANYTHING* any more." - me Spam Trap Mail Key: ASK and you shall receive
