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Deal lets Verisign hold onto .com

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Deal lets Verisign hold onto .com
The key net oversight body has settled a long-running dispute with Verisign, a company which has significant influence over how people find websites.

Under the terms of the deal, Verisign has dropped an anti-trust lawsuit against the Internet Corporation for Assigned Names and Numbers (Icann).

As part of the settlement, Verisign is being allowed to keep control over the lucrative .com domain until 2012.

The deal comes as nations such as Iran and Brazil question the role of Icann.

Search controversy

The row was over a controversial search service by Verisign called Site Finder.

It really hits the reset button on the relationship between Verisign and Icann
Mark McLaughlin, Verisign
The Site Finder service meant if web users were looking for a .com or .net domain that was non-existent because of typing mistakes, or it was not registered, they were sent to Verisign's website instead of just getting an "error" page.

The net policy body, Icann, was worried the website could have affected the stability of the net. Rivals claimed Verisign was taking advantage of its position as an administrator of .com domain names.

Under pressure from Icann, Verisign suspended the service in October 2003. The company later sued Icann, claiming it had no authority to stop it from offering its site finder service.

In response, Icann countersued read more...
 
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This is far from a done deal.
 
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