ICANN & Verisign come to Agreement
Posted: October 25, 2005
Verisign came under fire when it started showing PPC (pay per click) ads to searchers who typed in pages that didn’t exist. It was similar to Google’s domain parking system, except Verisign is the registrar for the .com domain system and many thought had overstepped it’s authority.
WASHINGTON (Reuters) - VeriSign Inc. said on Monday it would maintain control of the lucrative “.com” Internet domain until 2012 in return for dropping an antitrust lawsuit against the nonprofit body that oversees the Internet’s addressing system.
Source: Reuters
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