Verisign To Continue .com Ownership

[Dubh Aingeal]

The U.S. Department of Commerce, in a controversial deal, has extended Verisign's control of the .com domain. Verisign got the right to raise prices in four of the six years of the contract, by up to 7% each time.

From the article:

Verisign has control of .com and .net locked up for the next several years, but there will still be a modicum of oversight. Commerce retains final approval over any price hikes, and has said that any subsequent renewal of the contract will occur 'only if it concludes that the approval will serve the public interest in the continued security and stability of the Internet domain name system... and the provision of registry services at reasonable prices, terms and conditions.