Network Solutions Settles With FTC

An anonymous reader writes "Not sure if this is new or merely corrected: Network Solutions, Inc. has settled Federal Trade Commission charges that its deceptive marketing practices unlawfully tricked consumers into transferring their Internet domain name registrations to the company. The terms of the settlement permanently bar Network Solutions from misrepresenting that a consumer's domain name is about to expire or that the transfer of a domain name is actually a renewal. The order also requires the defendant to pay consumer redress pursuant to the terms of a previously settled class action lawsuit."

Comments

settlement bars them from lying?

[srstoneb]

The terms of the settlement permanently bar Network Solutions from misrepresenting that a consumer's domain name is about to expire or that the transfer of a domain name is actually a renewal.

I think it's a little scary that a settlement was required to bar them from doing this. As deceptive business practices, bordering on blatant lies, why aren't all registrars barred from such practices by default?

Re:settlement bars them from lying?

[njchick]

If somebody threatens to break your car and then doesn't, it's still racket if the threat is credible. It was a credible threat that Netsol would expire domains.

The story with *.com and *.net wildcards only confirms that VeriSign has no integrity and can only be stopped by legal actions.