ICANN Approves VeriSign .com Agreement
After months of controversy, the ICANN board has voted 9-5 to approve the revised agreement with VeriSign for management of the .com registry ... perhaps forever. Bloggers Joi Ito and Susan Crawford were among the five board members to vote against the deal, which had been vigorously opposed by most major registrars.
This shouldn't come as a surprise anyone who has been tracking this issue. But the consternation over this agreement will last for some time, and may have implications for future support for ICANN. As has been widely noted, the agreeement gives VeriSign the ability to raise prices on an almost annual basis, with a cap of 10 percent per year.
Posted by RichM
March 1, 2006 | Permalink | Newsletter
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