ICANN, VeriSign Will Consider Changes on .net Agreement
ICANN and VeriSign will consider changes to the new .net registry agreement in response to a mass protest by major domain name registrars, who said the deal represented a "breach of trust" between ICANN and the registrar community. In response to a joint protest by more than 30 registrars at a Luxembourg meeting, ICANN chairman Vint Cerf announced today that VeriSign and ICANN will re-examine a provision in the agreement that lifts restrictions on the price VeriSign can charge registrars for each .net domain they sell.
"In light of the comments and the concerns from the community, VeriSign is willing to discuss reworking the fee cap provision," wrote Tim Ruiz of Go Daddy in an update to registrars. With the announcement, ICANN and VeriSign have committed to further discussions, with no guarantee of changes at this time. But the reopening of negotiations was seen as a step forward by registrars, who were concerned that changes in the fee structure in the .net agreement could set a precedent for the renewal of the .com registry, also maintained by VeriSign. But the registrars' primary grievance was that the lifting of the price cap was negotiated privately, and never mentioned in published drafts of the agreement.
posted by Fergie @ 7/14/2005 09:06:00 AM
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