I read about this litigation briefly in a domain forum while I was away, but in reading the Wall Street Journal blog article, it looks like the impact on the prices of domain names could be quite large. The San Francisco Chronicle also has an article about the lawsuit, which can be read in full on the WSJ website.
According to the plaintiff’s lawyer, Bret Fausett, “There are companies that would like to bid against VeriSign and would charge half of what VeriSign is charging.”
This is a lawsuit domain investors will want to monitor, as there is bound to be additional fallout depending on how things shake out.
