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→1 & 1 Internet and ICANN
In 2005, 1 & 1 Internet through its Domain Expert Eric Schaetzlein led a group of 30 registrars in objecting the draft proposal of the [[ICANN|Internet Corporation for Assigned Names and Numbers]] which will give [[Verisign]] and exclusive control to manage the [[.com]] [[gTLD]]. Schaetzlein argued that under the new proposed agreement, Verisign is given the authority to raise domain fees to as much as 7 percent per year without any justification. According to him it would negatively affect the competition within the internet industry and domain registrants worldwide.
In 2005, 1 & 1 Internet through its Domain Expert Eric Schaetzlein led a group of 30 registrars in objecting the draft proposal of the [[ICANN|Internet Corporation for Assigned Names and Numbers]] which will give [[Verisign]] and exclusive control to manage the [[.com]] [[gTLD]]. Schaetzlein argued that under the new proposed agreement, Verisign is given the authority to raise domain fees to as much as 7 percent per year without any justification. According to him it would negatively affect the competition within the internet industry and domain registrants worldwide.
In a statement Schaetzlein said, ''''The current draft of the agreement practically assigns .com to VeriSign forever. This contradicts ICANN’s core mission to promote competition in the Internet industry, which was established in its own by-laws and in the Memorandum of Understanding with the U.S. Department of Commerce.'''' <ref>[http://press.1and1.com/xml/article?article_id=231 1&1 Leads Opposition of ICANN/VeriSign Draft Proposal for .com Domain Administration]</ref>
In a statement Schaetzlein said, ''The current draft of the agreement practically assigns .com to VeriSign forever. This contradicts ICANN’s core mission to promote competition in the Internet industry, which was established in its own by-laws and in the Memorandum of Understanding with the U.S. Department of Commerce.'' <ref>[http://press.1and1.com/xml/article?article_id=231 1&1 Leads Opposition of ICANN/VeriSign Draft Proposal for .com Domain Administration]</ref>
Schaetzlin, also pointed out that based on the existing agreement between Verisign and ICANN which ends 2007, it is clearly stipulate that Verisign need to justify any price-increase and it requires approval from ICANN. The opposing registrars described the wording of the newly proposed agreement as a major step backwards and speculated that the draft contract of the .com administration maybe part the settlement between ICANN and Verisign's legal battle.
Schaetzlin, also pointed out that based on the existing agreement between Verisign and ICANN which ends 2007, it is clearly stipulate that Verisign need to justify any price-increase and it requires approval from ICANN. The opposing registrars described the wording of the newly proposed agreement as a major step backwards and speculated that the draft contract of the .com administration maybe part the settlement between ICANN and Verisign's legal battle.
Schaetzlin expressed, ''''We think that ICANN wanted to protect itself from possible cost risks and problems with this settlement rather than act in the best interest of both the Internet community and the general public.'''' <ref>[http://press.1and1.com/xml/article?article_id=231 1&1 Leads Opposition of ICANN/VeriSign Draft Proposal for .com Domain Administration]</ref>
Schaetzlin expressed, ''We think that ICANN wanted to protect itself from possible cost risks and problems with this settlement rather than act in the best interest of both the Internet community and the general public.'' <ref>[http://press.1and1.com/xml/article?article_id=231 1&1 Leads Opposition of ICANN/VeriSign Draft Proposal for .com Domain Administration]</ref>
The opposing registrars asked the ICANN Board to make necessary changes on its draft proposal agreement with Verisign and to review its settlement proposal with the company. In addition, the registrars also asked ICANN to hold a public hearing for the internet community to express their concerns regarding the issue.
The opposing registrars asked the [[ICANN Board]] to make necessary changes on its draft proposal agreement with Verisign and to review its settlement proposal with the company. In addition, the registrars also asked ICANN to hold a public hearing for the internet community to express their concerns regarding the issue.
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