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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Web War Settled
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Author Topic: Web War Settled  (Read 908 times)

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Offline GhostShip

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Web War Settled
« on: March 02, 2006, 12:22:53 pm »
Its noce to see the law suits stopped but at what cost to the global consumer ?

http://news.bbc.co.uk/1/hi/technology/4763606.stm

Quote
The body that oversees net addresses has approved a controversial deal over the future of the .com domain.
The deal gives US firm Verisign control of .com until 2012 and lets it raise prices in at least four of the next six years.
The board of net overseer the Internet Corporation for Assigned Names and Numbers was split over the agreement.

Critics said the deal virtually granted Verisign an everlasting monopoly over the iconic net domain.

Opposition to the deal has been widespread among other companies that register net domains. These organisations banded together into the Coalition for Internet Transparency (CFit) and it called on Icann to throw out the deal.
"Increasing prices without justification, allowing a monopoly to expand without review and giving Verisign perpetual ownership of the .com registry were wrong when they were first proposed and they're still wrong," said John Berard, a spokesman for CFit, in a message posted on the group's website.


Due to the amount of money involved here I cant see any interference will be allowed at political level, who in their right minds would like to lose all that tax revenue.

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