Breaking the Virtual Real Estate Monopoly

Published: 25 April 1999 y., Sunday
Since 1993, Network Solutions has been the only company in the world that could register web domains ending in .com, .net, and .org, and it charged its customers handsomely for them. But starting April 26 it will have five new competitors. They stand to make millions, but more importantly, the change means that for the first time ever, ordinary web users will have a shot at paying a fair price for their own corner of cyberspace. The companies that have been selected are both big and small, nonprofit and for-profit: Register.com, the Internet Council of Registrars, France Telecom, Australia_s Melbourne IT, and the mega-giant Internet service provider America Online.They will be registering domains on a 60-day trial basis, after which time, if all goes well, the arrangement will become permanent. The choices were made on the basis of technical competence, business savvy and geographical distribution by the Internet Corporation for Assigned Names and Numbers (ICANN), the international nonprofit group in charge of making sure the Internet_s infrastructure is managed in a fair and sensible fashion. The major challenge facing the new registrars will be technical: They will be sharing a database of more than four million domain names. The biggest news may not be the naming of five new registrars, but that if the test period is successful, ICANN will throw the market open to no fewer than 29 more registrars, among them AT&T.
Šaltinis: Internet
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The Most Destructive Viruses of All Time

With the SQL Slammer virus, more than 500,000 servers worldwide were infected, there was a general slowdown all over the Internet more »

The proposal

KGB in Belarusian web more »

ICANN approves six user community groups

Organization takes first step toward giving individuals a voice in how the Internet is run more »

U.N. tech summit ends

Many tough decisions deferred for 2 years more »

Microsoft brought legal action

Lindows.com ordered to drop Lindows name more »

PayPal Slashes Micropayments Fees

PayPal wants a slice of the online music pie more »

search.lt news

search.lt presents newest links more »

Europe 'broadband revolution' leads the world

The future is burning bright for the ICT manufacturing and services across the European Union as the continent enjoys a "broadband revolution" and takes up global leadership in the mobile sector more »

Sweden proposes drastic fines for spammers

The Swedish government tabled a draft law that would allow it to to crack down on people who flood email inboxes with unwanted advertisements, so-called spam. more »

search.lt news

search.lt presents newest links more »