[alac] New Settlement Agreement Posted
In a surprise weekend move, ICANN has posted the new Verisign Settlement Agreement http://www.icann.org/announcements/announcement-29jan06.htm Excerpt from announcement: "The newly proposed agreements contain significant changes from the October 2005 proposed agreements in response to Internet community feedback. The proposed changes include the following: the elimination of the proposed registry-level transaction fee (which would have been passed through directly to registrars); a direct contribution from VeriSign in the form of significantly increased fixed registry-level fees (which VeriSign will not be permitted to pass through directly to registrars); a new limitation on the frequency of permitted price increases for domain name registrations; a revision to the ICANN consensus policy limitation relating to the introduction of new registry services; a clarification of the permissible uses of traffic data; and the incorporation of new service-level specifications for the .COM registry. After entering into a diligent round of negotiations with ICANN staff and granting these additional concessions to address feedback from the Internet community, VeriSign has advised ICANN that this proposal represents its last, best offer to settle the pending litigation.."
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