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Phil Corwin of ICA Quoted In The NationalJournal.com Story on Verisign & .Com Contract

Posted on October 30, 2012
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The NationalJournal.com, just published a post of Verisign and the .Com contract.

Phil Corwin of the Internet Commerce Association (ICA) was widely quoted in the article:

“But industry watchers said that while the contract could undergo further changes, Verisign will likely continue to run .com.”

“It is highly unlikely that the contract would be put out for competitive re-bid, as this would open up the possibility of a non-U.S. company receiving the registry contract and could well send Verisign hurtling toward bankruptcy as it has sold off other parts of its business over the past few years and is now focused almost exclusively on registry operations,” Philip Corwin, counsel for the Internet Commerce Association, wrote in a blog post on Monday. His group represents domain-name investors, website developers, and others. “Most likely are constraints on Verisign’s pricing flexibility, which could range from reducing the 7 percent limit to something less, reducing the number of times that prices can be raised, or even requiring Verisign to justify any future proposed increases to the DOJ before implementing them.”

“If changes are made to the contract, ICANN would have to put the revised contract up for public comment, he added”.

You can read the whole story here

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