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30 Nov 2012

Verisign dodges a bullet, gets to keep .COM pricing ICANN

According to a filing with the SEC, the Department of Commerce renewed the .COM agreement for six more years.

The renewal was held up until the last minute (the old agreement expires today) due to antitrust concerns, specifcally about pricing. The main change in the new agreement is that Verisign is no longer allowed to increase the price above the existing $7.85, except under some unlikely conditions such as an extremely expensive security problem, or Verisign persuades the government that the .COM domain is no longer dominant.

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posted at: 16:56 :: permanent link to this entry :: 0 comments
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