domains Groups make flawed case that .com is a cartel

[Future Sensors]

Groups make flawed case that .com is a cartel

Three pressure groups in the US have called on the government to strip Verisign of its .com contract, saying the company is operating as a “de facto cartel” with ICANN that has allowed its shareholders to milk the public for billions.

But their argument has a pretty significant hole in it, based on an apparent misunderstanding of how Verisign funds ICANN.

The American Economic Liberties Project, the Demand Progress Education Fund, and the Revolving Door Project have written to the Department of Justice and National Telecommunications and Information Administration to demand that they “cut off” Verisign.

Read more:

https://domainincite.com/29976-groups-make-flawed-case-that-com-is-a-cartel

 

[HotKey]

Quarters can add up, and they can even be two-faced.. can we just all agree that most entities are in for profiteering above all else? ICANN is not exempt they know it, look at the mandates in place to open a new TLD and what they make off it regardless of whether it gets accepted.

 

[bmugford]

I am not sure on the merits of this case, but Verisign is operating on a sweetheart no-bid contract.
That is not really even debatable.

If the contract was put up for public bidding, the prices would almost certainly come down.

Verisign is not the only company with the technical ability to operate the registry. There are many others.

There are potential monopoly, anti-trust, and consumer protection issues.

They can make their argument, but the law is basically what a court rules...We have seen that lately with the Supreme Court decisions.

Brad

 

[zomainhacks]

Do we have hopes this will at least avoid the further .com price hike in September?

 

[Future Sensors]

Do we have hopes this will at least avoid the further .com price hike in September?

Sadly, that's just going to happen.

 

[Future Sensors]

Verisign has responded:

https://domainincite.com/29986-verisign-would-be-com-contract-killers-are-wrong