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<p class="newsheading">Domain Registrars Sue ICANN, VeriSign</p>
<p> March 2, 2004 -- (WEB HOST INDUSTRY REVIEW) -- A group of eight domain registrars, 
  announced on Friday that they had filed a lawsuit against the Internet regulatory 
  body the Internet Corporation for Assigned Names and Numbers (ICANN) (icann.org), 
  seeking to enjoin the organization from installing what the registrars call 
  a &quot;anti-consumer, anti-competitive and unnecessary&quot; system for reassigning 
  expired domain names. </p>
<p>Derek Newman, of Seattle-based law firm Newman and Newman, says the lawsuit 
  names ICANN and VeriSign, and seeks to prevent the implementation of a &quot;wait 
  listing service&quot; (WLS) designed by VeriSign, that would replace an already 
  working system, and allegedly violate &quot;a host of consumer protection laws.&quot; 
</p>
<p>&quot;If WLS is allowed to stand, consumers will have fewer options, they will 
  face paying a mandatory fee without a guarantee of success, and innovation will 
  grind to a halt as competition fades,&quot; said Ric Chambers, managing principal 
  of R. Lee Chambers, a plaintiff in the lawsuit. </p>
<p>Filed in a US District Court in Los Angeles, the suit was expected to be an 
  important part of discussions this week, as ICANN convened in Rome from March 
  2 to March 6. The vote on WLS is scheduled to take place March 6. </p>
<p>Source:<a href="http://thewhir.com/marketwatch/ica030204.cfm"  target="_blank">http://thewhir.com/marketwatch/ica030204.cfm</a></p>

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