ICANN to lift price caps on .net domains

Iria · Jul 9, 2005, 12:06 AM

Owners of .net Web addresses may face higher registry fees in the future--but not until 2007.

The Internet Corporation for Assigned Names and Numbers, the nonprofit organization responsible for Internet addresses, quietly agreed to lift wholesale price restrictions on .net registry fees last month when it renewed a contract with VeriSign to run the master database for .net domain names.

Buried in the fine print, the fact has escaped notice until recently. Over the past several days, news of the change has traveled around the Web.

"(It's) a move that may signal ICANN's intent to get out of the business of regulating domain name pricing," noted Internet services firm Netcraft.
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Read More / Source: ZDNet

Jul 9, 2005, 12:06 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	ICANN to lift price caps on .net domains Owners of .net Web addresses may face higher registry fees in the future--but not until 2007. The Internet Corporation for Assigned Names and Numbers, the nonprofit organization responsible for Internet addresses, quietly agreed to lift wholesale price restrictions on .net registry fees last month when it renewed a contract with VeriSign to run the master database for .net domain names. Buried in the fine print, the fact has escaped notice until recently. Over the past several days, news of the change has traveled around the Web. "(It's) a move that may signal ICANN's intent to get out of the business of regulating domain name pricing," noted Internet services firm Netcraft. __________ Read More / Source: ZDNet