Domain Registration Related News
Deal places limits on '.com' price hikes
VeriSign Inc. must meet certain conditions in order to fully raise
fees for ".com" domain names under a new tentative settlement reached
with the Internet's main oversight agency.
The new deal also would prevent VeriSign from ultimately passing on to
domain name holders separate surcharges that help fund the agency, the
Internet Corporation for Assigned Names and Numbers, or ICANN.
The revised accord would end a longstanding legal dispute between the
two powerhouses behind the computer servers that, as the Internet's
core address books, help people find websites and send e-mail.
The new deal follows months of public input and, ICANN general counsel
John Jeffrey said Monday, requires final approval by the boards of
both ICANN and VeriSign after another public-comment period.
In a statement, VeriSign called it "the best efforts of both VeriSign
and ICANN to resolve differences that have been present for several