FTC is looking into VeriSign's marketing practices

Leading domain name registrar VeriSign has confirmed that it was being investigated by the US Federal Trade Commission (FTC) amid...

Leading domain name registrar VeriSign has confirmed that it was being investigated by the US Federal Trade Commission (FTC) amid accusations that the company has engaged in unfair marketing practices.

The FTC probe came after a series of lawsuits filed against the company by rival registrars claiming that VeriSign tried to steal their customers by sending out deceptive domain name renewal notices.

The notices informed customers that their domain names were about to expire and encouraged them to renew the domains with VeriSign, the lawsuits claimed.

A VeriSign spokesman said that the company was instructed by the FTC not to comment on the request for documents regarding its marketing practices.

Whether or not the accusations against VeriSign prove to be true, they could serve to shake confidence in the company, which is already experiencing financial difficulties.

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