The Initiative for a Competitive Online Marketplace (ICOMP) is delighted to announce leading vertical search company Nextag as our latest Council Member. Serving web-users since 1999, Nextag’s best in class consumer experience and search technology supports over 30 million people across the globe every month with their online product shopping, travel and event ticketing needs. Headquartered in San Mateo, California, Nextag and its Guenstiger subsidiary located in Hamburg, Germany together operate websites in 14 countries, including 10 countries in Europe.
Nextag’s CEO Jeffrey Katz said, “We are delighted to join the ICOMP Council and join forces to support a healthy online environment, encouraging fair competition, transparency, data privacy and respect for intellectual property protection.”
Nextag and Mr Katz have long advocated the principles that are needed to ensure the future of e-commerce remains competitive and vibrant. Testifying before the Subcommittee on Antitrust, Competition Policy & Consumer Rights of the U.S. Senate in September 2011, he explained how Nextag, and indeed other competing vertical search businesses and consumers, are harmed by the abuse of a dominant position in the online marketplace.
More recently, Mr Katz authored an opinion piece published in The Wall Street Journal that furthered these arguments, which are key to ICOMPs principles.
We look forward to working together with Nextag in our campaign for a free, open and competitive online marketplace.
For further information please visit www.nextag.com
Regards,
The ICOMP Secretariat
