VeriSign - ICANN deal criticized by US Senators

[Horacio T. Cadiz]

http://news.com.com/Senators+criticize+.com+price+increases/2100-7345_3-6117771.html?tag=nefd.top

<quote>
Christine Jones, general counsel to registrar GoDaddy, testified that after the
contract to run .net was put up for an open bidding process, the price
registrars paid for .net domains fell. "VeriSign gets this huge windfall if this
agreement is renewed," Jones said. "There is simply no reason that we can see to
build in a price increase."

Verisign's Ken Silva, its chief security officer, replied that .net and .com
were hugely different creatures and could not be compared directly. "It's a
different animal," Silva said of .net. "It's a much smaller zone." Silva said
that the fees will go to provide a high level of security and reliability for .com.
</quote>

Was anyone at the hearing? Any comments?


--
Bombim Cadiz
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