Hagens Berman Files Antitrust Class-Action Lawsuit Against Verisign and ICANN Alleging Billions of Dollars in Illicit Gains from Website Domain Owners
Hagens Berman filed an antitrust class action on Sept. 4, 2026 in the U.S. District Court for the Central District of California accusing Verisign and ICANN of maintaining an illegal monopoly over the .com registry and extracting billions of dollars in alleged overcharges from domain owners. The suit alleges Verisign's price is up roughly 30% since 2021 to $10.26 per domain against an alleged cost of about $3, while comparable registries charge $5-$6 — producing operating margins the complaint pegs above 67%.
Key figures
- Operating margin
- exceeding 67%
- Price per domain
- 10.26
- Alleged cost per domain
- $3
- Active com registrations
- over 160 million
- Shareholder returns 2025
- more than $1 billion
- Comparable registry price
- $5-$6
- Price increase since 2021
- roughly 30%
AI analysis
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