01 Nov '12, 6pm

Verisign Makes Statement On .Com Contract & Shares Are Up 10%: “Verisign Expects to Continue to Run... via @thedomains

The .com Registry Agreement was approved by Verisign’s Board of Directors on June 16, 2012, ICANN’s Board of Directors on June 23, 2012, and tendered by Verisign to the Commerce Department for its review and approval on June 26, 2012. The Commerce Department is reviewing the .com Registry Agreement as required by the Cooperative Agreement (http://www.ntia.doc.gov/page/verisign-cooperative-agreement ) between the Commerce Department and Verisign. While the authority to approve the renewal rests exclusively with the Commerce Department, the Commerce Department seeks inputs from other U.S. agencies, which includes the Department of Justice. Both the Commerce Department and Justice Department were involved in reviewing the current .com Registry Agreement in 2006. The Commerce Department approved the current .com Registry Agreement as being in the public interest in 2006. The a...

Full article: http://www.thedomains.com/2012/11/01/verisign-makes-state...

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