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Deal signed on .com domain future
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Written by Danrok   
Monday, 04 December 2006 16:53

From the BBC:

The US government has given its blessing to a controversial deal over the future of the lucrative .com net domain.

The deal gives .com administrator Verisign control over the domain until 2012.

The US Department of Commerce retains some oversight of Verisign and has final approval of any price rises to renew .com net addresses.

Critics said the deal gave Verisign a monopoly hold on the iconic domain.

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