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Could VeriSign lose its .com monopoly?

The 9th Circuit Court of Appeals ruled against Verisign’s appeal today to overturn a previous ruling stating that the company cannot have a monopoly on the .com TLD. This stems from a lawsuit filed by the Coalition for ICANN Transparency (CFIT) against the firm for its no-bid contract with ICANN.

Currently VeriSign has a monopoly on .com and can set any price it wishes for the extension. It is more than likely going to appeal again in a higher court, but if this fails, other TLD operators will be able to sell .com domains to registrars. This extra competition could very well lower .com prices and increase service quality, something all domainers would love.

Photo | Flickr

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