ICANN Board Approves VeriSign Settlement Agreements
An official announcement from ICANN:
Marina del Rey, California, 28 February 2006: Today, ICANN’s Board of Directors approved, by a majority vote, a set of agreements settling a long time dispute between ICANN and VeriSign, the registry operator for the .COM registry.
These settlement documents include a new registry agreement relating to the operation of the .COM registry. The new .COM registry agreement will now proceed to the U.S. Department of Commerce for final approval, and the entire settlement is dependent upon this approval before it is finalized. USDOC approval is required due to the unique history of the .COM generic top-level domain and it is the only gTLD which requires such approval. If approved, this settlement will clear the way for a new and productive relationship between ICANN and VeriSign facilitating ICANN’s stewardship and technical coordination of the Internet’s domain name system.
