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You are here: Home / Law / Cyber Law / ICANN & Verisign Settlement

ICANN & Verisign Settlement

11/24/2005 By Blogger 1 Comment

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: settlement-comments@icann.org or
read-up the existing comments at: http://forum.icann.org/lists/settlement-comments


Post Courtesy CyberLawyer.in & CyberLawConsultant.com

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Filed Under: Cyber Law, Internet

Reader Interactions

Comments

  1. the polyraph worker says

    1/9/2006 at 10:09 am

    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.

    Reply

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