NSI antitrust suit dismissed
/ writes "A federal appeals court (DC) has dismissed charges that NSI and the NSF violated antitrust laws. This overturns last year's lower-court ruling that the NSI illegally collected $46 million in dns registration fees on behalf of the NSF. "
Fear not! Those incompetant idiots at NSI may have dodged this bullet, but there are two more on the way:
NSI is under suspicion for securities fraud for having claimed in their prospectus for their Initial Public Offering (IPO) of stock that they owned .com, which they obviously do not.
The new Internet Corporation for Assigned Names and Numbers (ICANN) now owns the "root" of the DNS, and is in the process of setting up a shared registry system. This means that NSI will not be the only company through which you can register a domain name, and given this competition, it is unlikely that NSI will survive, because they are incompetant.
In short, NSI is still facing their well deserved doom.