The Internet Corporation for Assigned Names and Numbers (ICANN), recently posted a newly revised proposed set of agreements which, if approved, will settle all pending litigation with VeriSign.
ICANN says that the proposed agreement documents are being posted for public comment in order to inform the Board's deliberations; the proposed settlement remains subject to final approval or disapproval of the ICANN Board. The newly proposed agreements contain significant changes from the October 2005 proposed agreements in response to Internet community feedback.
The proposed changes include the following: the elimination of the proposed registry-level transaction fee; a direct contribution from VeriSign in the form of significantly increased fixed registry-level fees; a new limitation on the frequency of permitted price increases for domain name registrations; a revision to the ICANN consensus policy limitation relating to the introduction of new registry servic
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ICANN Revises VeriSign's Settlement Agreement
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