Verisign Says New .Com Contract Has Been Approved

[Duke]

Verisign announced today that their new contract agreement with ICANN to run the .com registry has been approved by the U.S. Department of Commerce: http://www.marketwire.com/mw/release_html_b1?release_id=189608

This contract, like the current proposed .org, .info and .biz contracts, was heavily opposed by domain registrants who will end up paying higher registration fees.

There are more details on the new contract, including some amendments that were made before approval here: http://www.ntia.doc.gov/ntiahome/press/2006/icanncom_fact_113006.htm

Phil Corwin, legal counsel for the Internet Commerce Association said "The domain name owners represented by the ICA are deeply disappointed that the Department of Commerce chose to approve a fundamentally flawed agreement that permits VeriSign to charge above market rate prices for .Com registrations and renewals over the next six years. However, we are gratified that the Department gave some deference to the broad opposition of the Internet community and obtained some concessions regarding pricing and renewal. We shall be carefully monitoring VeriSign's actions and the effectiveness of the Department's oversight under the new contract."

 

[Theo]

Time to prepare some lawsuits en masse.

 

[domain newbie]

wmao .com will go upmarket

 

[Creature]

What is wmao ?

 

[JMJ]

It doesn't surprise me. Those idiots don't even know what a domain name is muchless how it will affect thousands of small business owners rather than help 1. I'd be willing to bet they didn't even look at the opposing side's views on the matter thats if they even had them to do it. When an independent study on the effects of going to war in Iraq were viewable by the members of congress only 6 of them signed in to do so before they went and gave an overwhelming vote of approval. The study said everything would be as it is now so I guess thats what we get to look forward to in the future nothing but chaos and disarray.

 

[dodo1]

Time to prepare some lawsuits en masse.

It's been time to do this before already. The WADND filed a lawsuit against VeriSign in November 2005 (complaint posted here as .pdf file), but I think they could not continue with the lawsuit due to financial reasons.

 

[simon]

its time to renew names for multiple years now