A private equity firm that's trying to purchase control of all dot-org domains for more than $1 billion said Friday that it is planning to put in place legally-binding measures to address concerns and ongoing criticisms about the deal by lawmakers, nonprofits and activists.

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Activists, nonprofits and multiple internet domain registrars are upset over what they call a sweetheart deal involving the U.S. government; VeriSign Inc., which maintains the dot-com domain; and a not-for-profit that oversees the internet's domain name system. The deal, which still needs to be signed off on, would allow an already highly-profitable public company to raise prices on website wholesalers for dot-com domains, by as much as 70% over the next decade.

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California Attorney General Xavier Becerra has stepped into the fight over whether a private equity firm should be allowed to purchase control of the registry for all dot-org internet domains in a deal that's worth more than $1 billion.

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