ICANN's New .com Contract

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Via Slashdot, The Register is reporting that ICANN has released a revised contract for all dotcoms. The new revision hopes to bring an end to the huge legal fights surrounding the core of the Internet.

Read about the ICANN revised settlement agreement.

From the Register article:  'Significant changes have been made to the deal - which will hand control of all dotcom domains to current owner VeriSign until 2012 - following widespread criticism from the Internet industry. Changes include limits on VeriSign's price-rising powers, reduced scope for VeriSign to sell personalized data to third-parties, and marginally increased control over VeriSign's ability to introduce changes to the existing dotcom business model.'"

 

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