The U.S. Department of Commerce has approved the ICANN-Verisign agreement
Published:
22 May 2001 y., Tuesday
The U.S. Department of Commerce has approved the ICANN-Verisign agreement, clearing the final hurdle for Verisign to retain control of the lucrative .COM domain.
The U.S. Department of Commerce Friday approved the landmark agreement between the Internet Corporation for Assigned Names and Numbers (ICANN) and VeriSign Inc., the world's largest registrar of top-level domain (TLD) names, with few changes.
However, the DoC did increase its oversight over ICANN and protect itself from antitrust litigation.
VeriSign continues its domination in the registry and registrar businesses, with the expiration date of the .net domain moved up six months, to June 30, 2005. It's a date that could potentially be moved up two years, if the DoC finds competition standards have not been met.
To quantify that, government officials will take a "snapshot" on Dec. 31, 2002 of the registry market share from the four new global top level domains (gTLDs) and compare it to the .com and .net domains. If market share is less than 10 percent, VeriSign's .net ownership will expire Nov. 10, 2003. The four domains to be evaluated are .biz, .info, .name and .pro.
A DoC official said ICANN and VeriSign will take the conditions and incorporate them into a revised agreement, which should be approved by all parties in the coming months.
Šaltinis:
isp-planet.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has authorised under EU state aid rules a €550 million capital injection and a €400 million guarantee in favour of the Austrian bank BAWAG. P.S.K. The Commission found the measures to be in line with EU state aid rules.
more »
EUROSTAT has reported that the sharpest annual decrease in hourly labour costs of -10.9% was observed in Lithuania in the 3rd quarter of 2009.
more »
Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand.
more »
What has come to be termed as the "Great Recession" seems to have come to an end in the third quarter of 2009.
more »
The European Commission has authorised, under EU State aid rules, a measure adopted by Lithuania to limit the adverse impact of the current financial crisis on exporting firms.
more »
The schedule of Vilnius International Airport (VIA) is supplemented with 3 more new directions; the airline company airBaltic starts regular flights to Paris today, to Munich tomorrow, and to Berlin on Monday.
more »
The Governing Council of the European Central Bank (ECB) has decided to start the main construction works for its new premises in spring 2010.
more »
AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange.
more »
Parex banka has established a subsidiary, SIA NIF, which will professionally manage assets that are not related to the Bank’s core business.
more »
Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development, today put forward a plan to ensure that Greece will put in place the systems necessary to allow EU aid payments to be made to farmers.
more »