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ICANN may renew Verisign’s .com deal this weekend

ICANN’s board of directors is set to vote on Verisign’s .com registry agreement at a meeting in Prague this Saturday.

The meeting is scheduled for June 23, the day before ICANN 44 officially kicks off. Read the agenda here.

The contract has been controversial because it will continue to allow Verisign to raise prices by 7% in four out of the six years of its duration.

Opportunistic intellectual property interests have also called for Verisign to be obliged to follow new rights protection mechanisms such as the Uniform Rapid Suspension policy.

If and when the ICANN board approves the contract, it will be sent off to the US Department of Commerce for, I believe, another round of public comment and eventual ratification.

If Verisign is to run into any problems with renewal, it’s in Washington DC where it’s most likely to happen.

Source: domainincite.com