Settlement For Zero
Versign just released a press release stating that the Coalition for ICANN is settling with CFIT. No luck for domainers who were hoping for a price declines for .com’s.The lawsuit probed the no-bid contract that allowed it to raise prices 7% a well as its planned domain wait listing service. When the case was originally filled CFIT was backed by pool.com, which was was one of the largest domain backordering services. Verisigns stock has taken a toll through the case, but had little to no effect after the case settled. For more information please click here.