District Court for the Eastern District of Virginia has made a decision that the Verisign's lawsuit against the new .XYZ will be considered in order to summary judgement, according to DomainNameWire. Its lawsuit against the XYZ.com was brought in December, 2014. The operator of the largest .COM and .NET zones accused the impudent young competitor of false advertizing, distribution of false information and spreading of artificial exaggerated data on registration number in the domain.
The commercial, where the .COM was presented as old Honda car, and .XYZ – as an ultramodern sport car, became one of the reasons of this lawsuit. Verisign also blamed XYZ's founder Daniel Negari for his interviews where he gave an inappropriate to reality information that there is no possibility to register a "good" domain name in the .COM zone because all of them had been already registered long ago. At last, Verisign demanded to investigate the .XYZ's promo-agreement with Network Solutions registrar in the framework of which many thousands of domain names in the .XYZ zone were free distributed to users who didn't even know it.
The motion for summary judgement is an unambiguous victory of XYZ.com. It means that there won't a court with hearing of witnesses and providing necessary documents, though this was exactly the point Verisign insisted on. Thus, the court recognized a significant part of Verisign's claims as insolvent ones in advance. It is said in the .XYZ's distributed statement that "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.” The registry has released a statement saying that it spend over $1 million to defend a lawsuit.
