ICANN and Verisign recently announced a proposed settlement of their pending litigation (Verisign had sued ICANN a few years ago and that lawsuit is pending). This settlement is no doubt unfair, unjust & inappropriate… as it allows Verisign to increase the price of .COM Domian Names by 7% per year. And increases ICANN fees from .25 cents to .50 cents per Domain.
This means .COM prices could double in the next 10 years 😯
Highlights of the settlement available at… http://www.cyberlawyer.in/index.php?option=com_content&task=view&id=46&Itemid=9
Send your comments against the settlement to: email@example.com or
read-up the existing comments at: http://forum.icann.org/lists/settlement-comments
Post Courtesy CyberLawyer.in & CyberLawConsultant.com
the polyraph worker says
I totally agreed with you! Verisign is really getting greedy but if the case will just keep on dragging on. I think the most logical route will just be settlement—unfair it might be! Your blog by the way is thought-provoking.