VeriSign and ICANN sued over settlement - geek/talk: Signature-free discourse for serious web publishers

**Larwee** · 11-29-2005, 11:39 AM

As with many legal matters, this one is very complicated. ICANN and VeriSign have reached a settlement, but not everyone is pleased, so there is a lawsuit.

VeriSign retains control over the .com registry and they would be allowed to have a 7 percent increase each year until 2012. This would naturally increase the price of domain registrations.

Also VeriSign would be allowed to get 10 percent of the sale price in the secondary market.

Here are a couple articles about it.

http://www.eweek.com/article2/0,1895,1893795,00.asp

http://tinyurl.com/8w2qh

**Czar** · 12-01-2005, 07:42 AM

This is going to create a lot of noise. The 7% increases are far too high for what has become an essential utility service. This should be in line with CPI or thereabouts.

The after-market issue is a little more complex, since that mainly relates to competitive considerations, but the core issue (VeriSign's ability to secure .com for years, complete with pricey annual fee hikes) is bound to be opposed by GoDaddy, major web publishers and many other big players in the interactive sphere.

11-29-2005, 11:39 AM	#1
Larwee Join Date: Nov 2004 Location: St. Louis, Missouri USA Posts: 3,015	VeriSign and ICANN sued over settlement As with many legal matters, this one is very complicated. ICANN and VeriSign have reached a settlement, but not everyone is pleased, so there is a lawsuit. VeriSign retains control over the .com registry and they would be allowed to have a 7 percent increase each year until 2012. This would naturally increase the price of domain registrations. Also VeriSign would be allowed to get 10 percent of the sale price in the secondary market. Here are a couple articles about it. http://www.eweek.com/article2/0,1895,1893795,00.asp http://tinyurl.com/8w2qh

12-01-2005, 07:42 AM	#2
Czar Join Date: Aug 1999 Location: Gold Coast, Queensland, Australia Posts: 9,488	This is going to create a lot of noise. The 7% increases are far too high for what has become an essential utility service. This should be in line with CPI or thereabouts. The after-market issue is a little more complex, since that mainly relates to competitive considerations, but the core issue (VeriSign's ability to secure .com for years, complete with pricey annual fee hikes) is bound to be opposed by GoDaddy, major web publishers and many other big players in the interactive sphere. __________________ Czar Follow Geek/Talk's Twitter Feed to stay up to date with new discussion threads and online ad industry highlights. Important GeekVillage Links: Home \| Rules \| Posting Guide \| Report Trouble \| Feedback \| Advertise on GV

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