"VeriSign is exploiting its monopoly power to charge millions of users excessive prices for registering a .com top-level domain," the letter claims. "VeriSign hasn't changed or improved its services; it has simply raised prices because it holds a government-ensured monopoly."
"We intend to respond to senator Warren and representative Nadler's letter, which repeats inaccuracies and misleading statements that have been aggressively promoted by a small, self-interested group of domain-name investors for years," said Verisign spokesperson David McGuire.
In an August blog post entitled "Setting the Record Straight," the company claimed that discourse around its management of .com had been "distorted by factual inaccuracies, a misunderstanding of core technical concepts, and misinterpretations regarding pricing, competition, and market dynamics in the domain name industry."
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