VeriSign Can Raise .net Prices in 2007
miller60 writes "ICANN is lifting restrictions on VeriSign's pricing of .net domains as of Jan. 1, 2007, eliminating a cap that dictated the amount VeriSign could charge registrars for each .net domain. The cap, now at $4.25 per name, expires at the end of 2006. The pricing details were not included in a draft contract published by ICANN prior to the bidding process, but negotiated after VeriSign prevailed in a controversial evaluation by Telcordia. VeriSign must give six months before any price change, allowing time to lock in current pricing with multi-year renewals."
Why didn't Microsoft (owners of the .net platform) sued Verisign (owners of the .net domain registry) for trademark/copyright/whatever violations? Pure Evil vs. Impure Evil is every ambulance chaser's dream case.