VeriSign to control ".com" domain until 2012

[mandy]

Article on the reaction in the US Congress during yesterday's hearing to the Verisign deal and the proposed price hikes for .com names:

Dot-com domain price hike sparks angry debate

A dispute over the cost of internet domain names has spilled over into the US Congress, where allegations of monopolisation and unreasonable price hikes surfaced in a congressional hearing on Wednesday...

Those guaranteed price hikes struck some members of the House of Representatives' Small Business Committee as unreasonable. Rep Sue Kelly, a New York Republican, said: "When you're talking about increased prices and you're allowed to do that at VeriSign, I don't know that's going to produce any better safety or security from anyone who's paying that additional cost. And I haven't heard anything today that tells me that would be the case."...

During Wednesday's hearing, domain registrars attacked the deal as a way to let VeriSign milk consumers for the foreseeable future...

full article: http://networks.silicon.com/webwatch/0,3...383,00.htm

[accentnepal]

....with particular emphasis on the affect on small businesses

Shouldn't that be "effect"?
                                                           
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[jezebel]

If I had to give up the latte I bought this morning in order to ensure that reliability remains the same, I'd do it in a heartbeat."

Nothing is important enough to make me want to give up my morning coffee.