GoDaddy.com Opposes Proposed ICANN-VeriSign Agreement
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02/18/2006 05:04 | by
Network Solutions Stands Against ICANN
17th February 2006
Backed by seven other registrars, Network Solutions urges ICANN to approve a proposed agreement on the future of the .com domain registry operation, only if certain changes are made.
Network Solutions, a domain registrar, on Wednesday joined other top registrars in urging the Board of The Internet Corporation for Assigned Names and Numbers (ICANN) to approve a proposed agreement on the future of the .com domain registry operation only if certain changes are made.
ICANN's staff recently revised the .com registry agreement and proposed settlement between ICANN and VeriSign. "Unfortunately, the changes do not go to the heart of the matter," said the letter to ICANN's Board, signed by Network Solutions and seven other registrars. "The agreement still harms the Internet community by allowing unjustified price increases in most future years at a time when fees for .com should be decreasing, not rising."
The companies outlined changes that must be included in any final agreement, including barring VeriSign from being able to raise .com registration fees by 7 percent annually without any cost-justification or review in four of the next six years. It also asked to allow a competitive rebid of the contract. These safeguards are in place in ICANN's contracts with all registry operators other than VeriSign. Without this safeguard, future competition in the .com registry will be foreclosed, forever, says the company.
"The final proposal, when approved by the ICANN Board, will have far-reaching consequences for the Internet community," said Champ Mitchell, Chairman and CEO of Network Solutions. "Our goal is to ensure that a final agreement does not allow registry prices to increase without cost justification and without market-based checks and balances."
17th February 2006
Backed by seven other registrars, Network Solutions urges ICANN to approve a proposed agreement on the future of the .com domain registry operation, only if certain changes are made.
Network Solutions, a domain registrar, on Wednesday joined other top registrars in urging the Board of The Internet Corporation for Assigned Names and Numbers (ICANN) to approve a proposed agreement on the future of the .com domain registry operation only if certain changes are made.
ICANN's staff recently revised the .com registry agreement and proposed settlement between ICANN and VeriSign. "Unfortunately, the changes do not go to the heart of the matter," said the letter to ICANN's Board, signed by Network Solutions and seven other registrars. "The agreement still harms the Internet community by allowing unjustified price increases in most future years at a time when fees for .com should be decreasing, not rising."
The companies outlined changes that must be included in any final agreement, including barring VeriSign from being able to raise .com registration fees by 7 percent annually without any cost-justification or review in four of the next six years. It also asked to allow a competitive rebid of the contract. These safeguards are in place in ICANN's contracts with all registry operators other than VeriSign. Without this safeguard, future competition in the .com registry will be foreclosed, forever, says the company.
"The final proposal, when approved by the ICANN Board, will have far-reaching consequences for the Internet community," said Champ Mitchell, Chairman and CEO of Network Solutions. "Our goal is to ensure that a final agreement does not allow registry prices to increase without cost justification and without market-based checks and balances."
