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Department of Commerce Approves Verisign-ICANN .com Registry Renewal Agreement

FOR IMMEDIATE RELEASE: 
November 30, 2012

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WASHINGTON – The U.S. Department of Commerce on November 29, 2012, approved renewal of the .com Registry Agreement between Verisign, Inc., and the Internet Corporation for Assigned Names and Numbers (ICANN). Through this agreement, Verisign will manage the registry for the .com top level domain for six more years. 

“I'm pleased the Department of Commerce was able to find that renewal of the agreement is in the public interest,” said Lawrence E. Strickling, Assistant Secretary of Commerce for Communications and Information and NTIA Administrator.  “Consumers will benefit from  Verisign's removal of the automatic price increases. At the same time, the agreement protects the security and stability of the Internet by allowing Verisign to take cost-based price increases where justified.”