Wednesday, February 15, 2006

Registrars Question VeriSign .com Deal

Ed Oswald writes on BetaNews:

The leaders of eight domain registration companies have come out against a proposed agreement between VeriSign and ICANN over management of the .com registry. In an open letter to ICANN Chairman Vint Cerf, the companies say if this is VeriSign's best offer, "it must not be ICANN's."

Under the terms of the agreement, VeriSign would be permitted to raise .com registration fees by 7 percent without any justification in four of the next six years, as well as extending the "presumptive renewal" right to the registry when the agreement expires.

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