A new class-action lawsuit targets VeriSign and ICANN over .com pricing and registry contracts. The suit alleges these agreements maintain an illegal monopoly and enable excessive pricing for .com domain names.
The legal action scrutinizes VeriSign’s long-standing relationship with ICANN. This challenge creates potential antitrust and regulatory risks for the company.
The plaintiff seeks to represent individuals and businesses that renewed .com domains since September 2022. The filing aims to halt the alleged anticompetitive conduct.