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Hagens Berman sues Verisign and ICANN over .com registry pricing

Law firm Hagens Berman has filed a class-action lawsuit against Verisign and ICANN, alleging the companies maintain an illegal monopoly over .com domain registrations. The suit claims Verisign's contract with ICANN guarantees it permanent control of the .com registry, letting it raise prices more than 30% since 2021 to $10.26 per domain despite falling industry costs, while ICANN shares in the resulting profits.