Ndc

  • Antitrust feds probing Verisign’s .web deal

    …. Rather than applying for the gTLD itself, it secretly bankrolled shell company Nu Dot Co, which intends to transfer its .web contract to Verisign after it is signed. ICANN is being sued by rival applicant Donuts, which claims NDC should have been banned from the auction. Afilias, the auction runner up, is also challenging the outcome. But this new…

    Kevin Murphy/ DomainIncite- 18 readers -
  • Donuts loses $22.5m .web lawsuit as judge rules gTLD applicants cannot sue

    … out to be completely correct. Donuts argued that ICANN failed to adequately vet NDC to uncover its secret sugar daddy. It wanted $22.5 million from ICANN — roughly what it would have received if the auction had been privately managed, rather than run by ICANN. But the judge ruled that Donuts’ covenant not to sue is enforceable. Because of that, he…

    Kevin Murphy/ DomainIncite- 16 readers -
  • Verisign and Afilias in open war over $135m .web

    … the auction rules and of trying to emotionally blackmail ICANN into reversing the auction on spurious political grounds. The .web auction was won by obscure shell-company applicant Nu Dot Co with a record-setting $135 million bid back in July. It quickly emerged, as had been suspected for a few weeks beforehand, that Verisign was footing the bill…

    Kevin Murphy/ DomainIncite- 25 readers -
  • Could ICANN reject Verisign’s $135m .web bid?

    … is suing for $22.5 million, claiming ICANN should have forced Nu Dot Co to disclose that its .web bid was being secretly bankrolled by Verisign and alleging that the .com heavyweight used NDC as cover to avoid regulatory scrutiny. ICANN’s latest filing (pdf), made jointly with Donuts, asked for an extension to October 26 of ICANN’s deadline…

    Kevin Murphy/ DomainIncite- 22 readers -