The United States Court of Appeals for the Ninth Circuit has reversed a lower court decision throwing out an antitrust lawsuit by Coalition for ICANN Transparency (CFIT) against VeriSign (NASDAQ: VRSN). This means an antitrust lawsuit against VeriSign (NASDAQ: VRSN) can go forward, which may eventually mean lower .com domain name registration prices.
Reached by phone this afternoon, Fausett [plaintiff’s counsel] said the ultimate outcome could be a rollback in .com registration prices through a competitive bidding process, conceivably to just a few dollars per year. “For domainers, I’ve got to think that people are wondering ‘how fast can we get there?’” said Fausett. The case will likely now go back to trial.