Who is the owner of all the .com domain names? When I’m paying for one, what does the company actually do in order to generate it for me? It’s not like they’ve already have it and they’ll just hand it over to me. It never existed in the first place.
Verisign is the company that maintains the .com and .net registries. Warren Buffett has a big stake in that because legal monopolies are usually pretty profitable.
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