Domain Registration Related News
New Domain Deal Fails to Appease
February 2006
ICANN said this week that it had revised its agreement with
VeriSign, which gave the company control over the .com registry until
2012.
The agreement, originally reached in 2005, was met with strong
opposition from the Internet community, including Web hosts such as
1&1 Internet. Critics, who called the agreement tantamount to a
permanent monopoly, were likely a major factor in ICANN choosing to
rework the deal.
The renegotiated deal would eliminate a transaction fee charged to
companies for every sale of a .com domain, limit VeriSign's ability to
raise prices, require VeriSign to pay ICANN a direct contribution and
impose controls over VeriSign's ability to influence the .com business
model.
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