Elizabeth Warren calls for crackdown on Internet “monopoly” you’ve never heard of

Senator Elizabeth Warren and Congressman Jerry Nadler are urging an investigation into what they describe as "predatory pricing" by VeriSign, the company managing .com web addresses. In a letter to the Department of Justice and the National Telecommunications and Information Administration, they allege that VeriSign has exploited its market dominance to increase prices by 30% since 2018, despite maintaining the same service level. This move comes after modifications were made under the Trump administration that allowed for higher charges. They argue that the service could be offered at a lower cost by competitors. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Ars Technica