Post: ICANN has already moved to stop this activity
ICANN has already moved to stop this activity →
Posted Wednesday 27th February 2008 11:59 GMT
In Network Solutions sued for price fixing
ICANN has already decided that its per domain fee (which ATM amounts to about US$0.20 per name) will apply for all newly-registered domain names, regardless of whether they are deleted within the Add Grace Period. At present, a domain deleted within the AGP is refunded both Verisign's registry charge (US$6.70) and the ICANN fee.
This means the cost of doing what NetSol are doing will increase massively, from zero to thousands of dollars a day. It will have the same effect on the bottom-feeders that engage in domain tasting and domain kiting.
It's about the first time that ICANN have done something of real value to anyone.
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