More mud in the water…
Verisign filed this lawsuit because they mistakenly believe that they have the right to derive additional economic value from their management contract. i.e. Layer in additional services that only they can offer because ICANN delegated management of this key resource to them. Verisign believes, for instance, that they have the right offer services like Sitefinder and WLS without needing ICANN’s approval. The settlement agreement clears the way for this.
It turns out that Snapnames has more of a say in whether or not Verisign can offer this registry service than ICANN does. If Verisign is a licensee of the Snapnames technology, then they have a vested interest in making sure that the Snapnames suit succeeds.
Is Verisign simply trading in one lawsuit for a billion dollars with the intention of funding another one via an arms length relationship with Snapnames?
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