Internet Governance – VeriSign and ICANN Settle their Dispute

VeriSign and ICAAN have been disputing VeriSign’s administration rights over the .com domain name. The dispute began when VeriSign created a program called “site finder” that popped up when an incorrect, or unresolvable, domain name was searched for. Site finder was a marketing tool for VeriSign. ICANN argued that VeriSign should not be able to use its position as administrator of the .com domain name to further its business. The parties have agreed to resolve their dispute. Basically VeriSign has agreed to merely administer the .com domain name, and support ICANN in world bodies, and ICANN has given VeriSign a perpetual contract to administer the .com domain name. First Circle Id Post Second Circle Id Post Third Circle Id Post