ICANN and Verisign
Posted in domain names on March 10th, 2006OK I’ll join the crowd in being critical of the recent decision by ICANN giving Verisign permanent rights to .com and the ability to raise prices every year. Verisign rightfully wanted to retain their right to renew in perpetuity. Verisign also wanted to be granted the right to raise prices every year. They got both.
What I don’t understand is why ICANN did not better serve the public interest by insisting on some reasonable compromise. No competition is fair, as Verisign has cooperated in recent years and divested .net and .org but why offer carte blanche? ICANN has lost a lot of credibility here. And we, the common folk, will be paying a lot more for .com domains in coming years.
