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ICANN Releases New .com Contract
truthsearch writes "The Register is reporting that ICANN has released a revised contract for all dotcoms. The new revision hopes to bring an end to the huge legal fights surrounding the core of the Internet. From the article: 'Significant changes have been made to the deal - which will hand control of all dotcom domains to current owner VeriSign until 2012 - following widespread criticism from the Internet industry. Changes include limits on VeriSign's price-rising powers, reduced scope for VeriSign to sell personalized data to third-parties, and marginally increased control over VeriSign's ability to introduce changes to the existing dotcom business model.'"
It's obvious the "business" of TLD's is what drives ICANN. It's a shame there is not a way to force ICANN to enact reasonable domain name protections, a functional domain dispute process, or a method to assist victims of Domain Hijacks directly (re: gamesnet.net). Following the gamesnet.net domain hijack, ICANN refused to get involved in any way. Although GTE's domain hijack got immediate attention and quick resolve. I've been advised it would take a class action lawsuit to obtain their attention. However, their status in the state of California protects them from this as well.