ICANN OKs VeriSign Settlement
“Voting in favor of a bad deal doesn’t change the deal’s dynamics, it just confirms ICANN’s refusal to listen to legitimate criticism coming from every corner of the Internet community," said John Berard, spokesperson for the Coalition for ICANN Transparency (CFIT), a watchdog group, in a statement.
"Increasing prices without justification, allowing a monopoly to expand without review and giving VeriSign perpetual ownership of the .COM registry were wrong when they were first proposed and they’re still wrong," the statement said.
CFIT called the settlement "one of the most important issues ever to confront the Internet community."
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-Steven Schwankert, IDG News Service
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