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ICANN Reviews Domain Name Sellers |
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Tuesday, 27 March 2007 |
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NEW YORK (AP) -- The key oversight agency for Internet addresses is
reviewing the way it oversees businesses that sell domain names in the
wake of financial and operational problems that left customers of one
company nameless.
The
Internet Corporation for Assigned Names and Numbers already has taken
steps to decertify RegisterFly.com, whose troubles it said resulted in
many customers unable to renew names before they expired or to transfer
them to rival registration companies, known as registrars, as required
under ICANN rules.
ICANN said broader changes
may be needed to prevent similar troubles in the future. Paul Levins,
the agency's vice president for corporate affairs, said Monday that the
existing rules were written when there was little competition among
registrars, while there are about 860 today.
Paul Twomey, ICANN's chief executive, said the agency wasn't looking to increase regulation at the expense of competition.
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