A little Internet firm got a big monopoly; is that such a bad thing?

Article Abstract:

Network Solutions Inc. is hoping to preserve its monopoly position as the distributor of World Wide Web addresses. The company, which has projected 1998 revenues at $77 million, has had an exclusive federal contract to handle domain addresses. This contract, however, has lapsed and the company has mounted a lobbying effort to preserve its hold over domain name distribution. The company, which began assigning addresses when the Internet had only 17,000 users, argues that contracting out the service to competitors would lead to chaos on the Internet. Ira Magaziner, who has been given responsibility for domain names by the White House, hopes to integrate competition without compromising the stability afforded by Network Solution's monopoly situation.

Comment:

Network Solution lobbies to preserve its monopoly position in assigning domain names

Specialized Telecom Services, Wired Telecommunications Carriers, Public affairs, Legal/Government Regulation, Internet services, Network Solutions Inc. (Herndon, Virginia), Article

---

E-commerce panel's attempt to agree on Internet sales tax policy collapses

Article Abstract:

The government's Advisory Commission on Electronic Commerce held its last meeting without coming to any agreement on a policy to collect taxes on sales made over the Internet. The Clinton Administration and business leaders were unable to agree on sales tax law area called nexus rules, having to do with laws requiring busiensses to collect taxes on sales made in states outside their headquarters. The sticking point was a demand that states agree to rewrite their nexus rules to conform to uniform standard. This failure to achieve consensus means Congress may take up the issue with insufficient guidance from the commission.

Planning, Taxation, Electronic commerce, E-commerce, Sales tax

---

Commerce likely to let VeriSign keep dot-com turf

Article Abstract:

VeriSign is about to continue it's control of Internet domain names, ".com" thanks to an impending deal from the Commerce Department, which has asked the company to include more protections in their contract. The Justice Department was interested in antitrust concerns between VeriSign and Internet Corp. for Assigned Names and Numbers. Icann has responded with a pact with Neulevel Inc. for ".biz" addresses, hoping for about 12 million in the next few years. Plans for ".name", ".info", and ".pro" will be coming from other companies.

Government regulation (cont), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Antitrust Law, Statistical Data Included, Interpretation and construction, Laws, regulations and rules, Government regulation, United States. Department of Justice, Economic policy, Contracts, United States. Congress, Domain names, Internet Corporation for Assigned Names and Numbers, VeriSign Inc., United States. Department of Commerce

Similar abstracts:

• Abstracts: Harnessing and using knowledge is the real test of a firm's value
• Abstracts: Talking blowfish to enliven the Internet; software firm to offer colorful imagery for user chats. On the horizon: Sony has device to enliven home entertainment
• Abstracts: Excite At Home at a defining moment; partnerships are considered with Yahoo, Microsoft and America Online. Webvan expects revenue to miss goals
• Abstracts: Nursery firm looks after the littlies until they grow big. Boom time for tax trainers. Friendly bank seeks relationship ...
• Abstracts: Deutsche Telekom gets off to fast start; Europe's biggest IPO makes investors 19% in an hour in trading in Frankfurt

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.