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# Second, registry operators are not allowed to own more than 15% of registrars within the TLD.
 
# Second, registry operators are not allowed to own more than 15% of registrars within the TLD.
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==Registries & Registrars==
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==Registries & Registrars Vertical Separation==
 
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===Background===
===Vertical Separation===
   
The National Science Foundation signed a Cooperative Agreement with  [[Network Solutions]] (NSI) as Registry Operator and Registrar for the .com, .net and .org TLDs form 1993-1999. The registry agreement was renewed by ICANN on November 1999. Under the new agreement, NSI agreed to create a multiple registrar system also known as the Shared Registration System ([[SRS]]), which allows independent registrar to access the system. Independent registrars will also pay NSI $6.00 for every registered or renewed domain names.<ref>[http://archive.icann.org/en/topics/new-gtlds/crai-report-24oct08-en.pdf Revisiting Vertical Separation of Registries and Registrars]</ref>
 
The National Science Foundation signed a Cooperative Agreement with  [[Network Solutions]] (NSI) as Registry Operator and Registrar for the .com, .net and .org TLDs form 1993-1999. The registry agreement was renewed by ICANN on November 1999. Under the new agreement, NSI agreed to create a multiple registrar system also known as the Shared Registration System ([[SRS]]), which allows independent registrar to access the system. Independent registrars will also pay NSI $6.00 for every registered or renewed domain names.<ref>[http://archive.icann.org/en/topics/new-gtlds/crai-report-24oct08-en.pdf Revisiting Vertical Separation of Registries and Registrars]</ref>
  
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