It has been a long wait, but the court hearing the suit brought by CFIT against VeriSign accepted ICA’s amicus brief. Bret Faucet, representing CFIT in this case, thanked ICA for its contribution to the case. CFIT is trying to try to get the court to reverse the decision by ICANN to award the .com contract to VeriSign without any competitive bidding and without providing compelling justification for the price increases.
Many of us were hoping for price decreases after we saw .net prices drop dramatically when that contract was renewed. It is clear to everyone that .com is not just another TLD. It is clearly the worldwide dominant TLD and VeriSign should not gouge domain registrants because of .com’s worldwide monopolistic position.
Oral arguments in the case are available online for those who want to listen. Enter 07-16151 as the case number.
http://www.ca9.uscourts.gov/ca9/media.nsf/Media+Search?OpenForm&Seq=1
Thank you to CFIT and to Bret Faucet for standing up to VeriSign in this important case that if not reversed will cost .com registrants hundreds of millions of dollars.