VeriSign at Fault For Climbing Domain Prices

The Coalition for ICANN Transparency (CFIT) is trying to persuade the courts that VeriSign, with their exclusive contract to manage the .com domain registry, is breaking antitrust laws.

According to a group of disgruntled registrars, the whole situation is an antitrust nightmare, one allegedly perpetuated by lobbyists, astroturfers, planted news stories, and “stacked” public meetings.

Ars Technica has the full story: Paying too much for .com domains? One group blames VeriSign.

I remember a few years ago, when control of the .com registry was handed to VeriSign, thinking it was a bad idea. I still maintain that it should be the responsibility of ICANN, and that it shouldn’t be thought of as a source of profit, but as an essential service that should be subsidized by the bare minimum fee required to keep the system afloat.