Company Settles Domain Duping Charges for $375,000

A Canadian company has agreed to pay $375,000 to settle charges that it duped Internet domain-name holders into needlessly buying similar-sounding names, federal regulators said. The Federal Trade Commission said a Toronto firm doing business as National Domain Name Registry sent unsolicited faxes to domain-name holders claiming that an unidentified third party had applied for an Internet domain name, such as "example.net," that was similar to the one held by the owner, such as "example.com."