U.S. District Judge A. Howard Matz dismissed allegations that the Internet Corporation for Assigned Names and Numbers had violated federal antitrust laws in its attempts to bar VeriSign from adding services like Site Finder, which effectively took control of all unassigned .com and .net domain names and redirected them to the company’s Web site.
This is a major setback for Verisign in their attempt to sue ICANN and remove their ability to act as an Internet regulator. This all follows on the heals of VeriSigns attempt to hijack the internet last year to hijack the internet by having their Sitefinder service direct all unassigned .com and .net addresses to their website.
But why are they doing this in the first place? Market dominance in signing up companies/individuals to unassigned domain names. If ICANN weren’t able to regulate them, stunts like the Sitefinder incident last autumn would work, and would make it very hard for their competition to compete.