Judge dismisses Verisign’s lawsuit against .XYZ

domainking131

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10 month ordeal is over after judge grants summary judgment.

Verisign had filed a false advertising suit against .XYZ and its founder Daniel Negari in December. Verisign was upset that Negari was disparaging .com and claiming that .XYZ was the next .com.

At the center of Verisign’s argument was that .XYZ gave away free .xyz domain names and then used these “inflated” registrations to show .XYZ’s success, and thereby harm .com.

"At the time the lawsuit was filed, .xyz had only been globally available for 6 months. We were shocked that an industry-giant would file such claims against my small business. I also took it as a compliment,” said XYZ’s CEO and Founder Daniel Negari. According to XYZ’s General Counsel, Grant Carpenter, “these tactics appear to be part of a coordinated anti-competitive scheme by
Verisign to stunt competition and maintain its competitive advantage in the industry.”


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