30 Nov '12, 10pm

VeriSign Agrees to .Com Price Freeze as Agreement Renewal Condition

ICA is taking half a victory lap over this welcome news. DOC went further than we had urged on the price freeze front, as we’d suggested that VeriSign be permitted to adjust wholesale prices to reflect increases in the Consumer Price Index. But it did not take up our suggestion that the .Com base price be reduced to $5.86, the current wholesale domain price for the .Net registry that VeriSign runs out of the exact same facilities. We are under no illusions that our letter to the Departments of Commerce and Justice was the spur to their extended review of the Agreement’s pricing provisions, as we were as surprised as everyone when VeriSign announced last month that the Agreement was under price provision review that might require a six-month extension of the current Agreement. However, we do hope that the compelling arguments contained in our letter played some role in Veri...

Full article: http://www.internetcommerce.org/DotCom_Price_Freeze

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