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IP: Dept. of Commerce to award ICANN another ticket on the gravy trainGood Morning Silicon Valley Tue May 15 12:45:24 EDT 2001
From: David Farber <dave () farber net>
Date: Wed, 16 May 2001 04:05:53 -0400
Dept. of Commerce to award ICANN another ticket on the gravy train: The U.S. Department of Commerce on Monday signaled that it <http://www.siliconvalley.com/docs/news/svfront/domain051501.htm>likely will approve a proposal to extend Internet registrar VeriSign's control over the valuable global ".com" registry. Under the <http://www.icann.org/melbourne/proposed-verisign-agreements-topic.htm>terms of the proposed arrangement VeriSign would retain control over the registry until at least 2007. At that time, the Internet Corporation for Assigned Names and Numbers would offer VeriSign a "presumption favoring renewal of" the company's .com contract. While critics of the proposal argue that it is unfair for VeriSign to act as a retail domain-name seller while retaining an outright monopoly over wholesale .com address sales, U.S. regulators apparently view the situation differently. They don't seem as concerned as they might be over <http://www.siliconvalley.com/docs/opinion/gmsv/archive01/morn03152001.htm>the extension of VeriSign's monopolistic powers. <http://news.cnet.com/investor/news/newsitem/0-9900-1028-5924752-0.html?tag=ats>"The Department of Commerce has been reviewing the VeriSign-ICANN proposal," Commerce General Counsel Ted Kassinger said Monday. "We have communicated our general thinking, are pleased with the progress, and are confident an agreement can be reached in the near term."
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- IP: Dept. of Commerce to award ICANN another ticket on the gravy trainGood Morning Silicon Valley Tue May 15 12:45:24 EDT 2001 David Farber (May 16)