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VeriSign Registrars Nix ICANN Budget
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What does this mean? It's rather ambiguous. Does it mean that Verisign refuses to pay more as demanded by ICANN?
++Peter
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Tut tut. Perhaps if ICANN had worked harder at their assigned task of fostering competition (and less on mission creep unassigned tasks) they wouldn't now find themselves in this pickle. If ICANN gives Veri$ign their WL$ perhaps they'll become more reasonable. -g
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Bret Fausett's blog relays Stuart Lynn's point that, under the NSI concurrent agreement, NSI is obligated to approve the variable registrar fee so long as NSI registrar's share remains below $2 million. This indicates that Verisign can't simply use its own market share to block the fee; on the contrary, with Verisign's votes in favor, the fee goes through unless it's opposed by other registrars with (roughly) a majority of all non-Verisign registrations.
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