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ICANN/Verisign Sued For Monopoly Abuse

Andy_R writes "The BBC is reporting that the World Association of Domain Name Developers (WADND) have filed suit against ICANN and Verisign for alleged violations of antitrust, conspiracy, monopolization and price fixing laws. The suit alleges that the two are entering an unlawful agreement that gives VeriSign a permanent monopoly over the all .com and .net domain name registrations, and the right to raise prices at 7% per annum forever. The text of the lawsuit is available as a .pdf from WADND." ZDNet has the story as well.

9 of 209 comments (clear)

  1. Is this why... by garrett714 · · Score: 5, Funny

    ...they can only afford to provide single letter domains now?

  2. Solution... by InsideTheAsylum · · Score: 2, Funny

    Obviously we should give control of the internet over to the UN. They would never abuse or monopolize it.

  3. Re:And at the end of the day.... by thefirelane · · Score: 4, Funny

    The only people who will win are they lawyers. Makes me wish I went into law rather than computer science

    But then you'd be part of the problem, instead of part of the other problem

  4. Re:court? by j1mmy · · Score: 3, Funny

    you might be surprised to find that both articles linked from the story answer your questions and concerns. you might want to try reading them.

  5. Which side, again? by IWannaBeAnAC · · Score: 4, Funny
    Whoa, I'm confused. Are we for ICANN, or against ICANN, in this round?

    I can't see any UN involement here, so I guess we can safely be against ICANN?

  6. Re:already too expensive by ajdlinux · · Score: 4, Funny

    It's to make people think about what they are buying. If domain names were free, then everyone would register everything and not think about it.

  7. Re:court? by Anti+Frozt · · Score: 3, Funny

    You must be new here.

    --
    In C++, friends can touch each others private parts.
  8. Re:court? by CreatureComfort · · Score: 2, Funny


    What's worse is some mod rated an RTFA post "Informative"...

    Mod must be new here too. They'll give mod points to anyone these days.

    --
    "Unheard of means only it's undreamed of yet,
    Impossible means not yet done." ~~ Julia Ecklar
  9. off to a good start by PMuse · · Score: 3, Funny

    From the Complaint: An example of an IP number might be: 12.34.567.89.

    --
    "We reject as false the choice between our safety and our ideals." --The American President (20.1.2009)