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VeriSign antitrust case heading to District Court
Kevin Murphy,
August 28, 2010, 21:03:08 (UTC),
Domain Registries
The Coalition For ICANN Transparency will have its day in court, after VeriSign this week asked for a “speedy resolution” to the five-year-old antitrust case.
In a filing (pdf) with the Northern California District Court on Wednesday and in an accompanying SEC document, the company said it want it wants the case heard on its merits.
According to CFIT lawyer Bret Fausett, VeriSign had the option to refer the case to the Supreme Court after losing a motion to dismiss on appeal last month.
VeriSign had until October 9 to make its mind up, but evidently did not need that long.
This is the meat of the motion:
On July 9, 2010, the United States Court of Appeals for the Ninth Circuit issued an amended opinion in this case and remanded the case to this Court “for further proceedings consistent with this opinion.” The Ninth Circuit spread the mandate on July 19. VeriSign, Inc. respectfully requests that the Court schedule a case management conference at its earliest convenience to discuss plans for a speedy resolution to the case.
The case is important because if VeriSign loses it could lead to the company losing its lucrative monopoly on the .com and .net registries.
While it wants a speedy resolution, analysts are not so hopeful. JP Morgan believes: “All together, the motions in the trial, discovery, trial, and potential appeal could take years to complete.”
The analyst also notes that pretrial discovery will likely lead to a definitive answer to the question: who the hell is CFIT anyway?
[…] VeriSign antitrust case heading to District Court […]