VeriSign Pursues ICANN In State Court
Saeed al-Sahaf writes "Like a page out of the SCO how-to book, in the wake of its legal loss in U.S. District Court, VeriSign is moving on to attack ICANN in California's Los Angeles Superior Court. It's the same old story from VeriSign, and they seem intent on dragging it out. 'ICANN's unjustified and overreaching efforts over a three-year period to regulate services that VeriSign offers to registrars and domain name registrants ... has delayed and otherwise impeded the introduction of new services by VeriSign,' the company alleges in its filing. Funny, I have several active and inactive domains at VeriSign, and I can't remember being 'offered' these 'services'. I think most people would have declined such an 'offer'."
According to this link, Verisign has control of .com until 2007, and must put up .net up for bid in late 2006. I believe they don't currently control .org, but I might be wrong.
I assume if Verisign violated their contract with ICANN in some way, their control over .com and .net could be revoked.
-- "A chicken is an egg's way of making another egg."