Domain Name Registration Related News
Pool.com sues ICANN
Jul. 11, 2003
Ottawa-based domain name registrar Pool.com has launched a suit against the Internet Corporation for Assigned Names and Numbers, claiming its practices are monopolistic.
ICANN, the non-profit agency that administers the Internet, has handed over control of the lucrative market for expired domain names ending in .com and .net to VeriSign Inc., a seller of Web addresses and Internet security software.
Domain registrars in the United States and Canada have been angered by the ICANN decision to grant an exclusive Wait List Service (WLS) to VeriSign for customers interested in registering domain names that are currently in use by others. At present, customers may purchase expired domain names through a number of registrar firms.
If the WLS becomes reality (it is scheduled to become practice in the fall), VeriSign's competitors will be eliminated from the growing market for backordered .com and .net domain names.
In a statement of claim filed in the Ontario Superior Court, Pool.com charges that the proposed system "will have the immediate and total effect of ending all competition among registrars for dropped or deleted domain names."
Details at: http://www.canadait.com/cfm/index.cfm?It=902&Id=17669&Se=2&Sv=&Lo=2