Verisign does it again #2

Someone said let the lawsuits begin.

According to Business Wire, Netster.com parent company Popular Enterprises LLC has filed a $100 million dollar lawsuit against VeriSign, Inc.

The article continues:

According to Popular Enterprises, the Sitefinder service allows VeriSign to monopolize unregistered .com and .net domains, and to profit by redirecting all Internet traffic for these sites to pay-for-placement sites controlled by VeriSign. If they are allowed to operate Sitefinder, VeriSign will now profit from Internet traffic directed to all unregistered domain names, including thousands of domain names that VeriSign has refused to allow the public to register.