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ICANN/Verisign Sued For Monopoly Abuse

Posted by Zonk on from the now-we-see-some-fireworks dept.

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.

2 of 209 comments (clear)

  1. court? by Janek+Kozicki · · Score: 5, Interesting

    the court in which country will handle this? I don't see this, since it is international problem here. Is there any interantional court? Geneva? US? UN? Japan? we are talking about whole earth...

    --
    #
    #\ @ ? Colonize Mars
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  2. Sounds like a bunch of fuckweasels to me. by Tackhead · · Score: 4, Interesting
    Hmm.

    http://wadnd.com/

    Appears to be part of...

    Targetedtraffic.com, who appear to be working with folks at the reputable-sounding domain names americanflags.com, revenue.net, golfcourses.com, ireit.com, erealestate.com, and it looks like they all hail from Delray Beach, Floriduh.

    Congratulations, guys! I don't know whether you're spammers or not, but it takes talent to sound like a filthier bunch of domain-hijacking cockgobblers than the entire marketing department of Verisign. I mean, seriously -- I read those domains and was surprised when I didn't see any of you on the ROKSO list of the top 100 spammers. I actually looked. About the only way you could have looked like a bigger bunch of dirtballs would have been to have been based in Boca Raton, FL, or Slidell, LA.

    I hate to say this guys, but even though you're not on the ROKSO list - after seeing who you're working with, I kinda hope Verisign/ICANN wins.