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NetSol Pushes ICANN to Adopt Fee web hosting news |
Want to add a web hosting news article ? Just do'it, it's free! Use submit form for hosting news!| NetSol Pushes ICANN to Adopt Fee Jun 20, 2008 | Domain registrar and web hosting provider Network Solutions (networksolutions.com) announced on Friday it is supporting ICANN's (icann.org) stipulation to applying the non-refundable 20 cent per-transaction ICANN fee to domain names deleted during the Add Grace Period.
The fee is applicable once the level of deletions exceeds 10 percent of a domain name registrar's net new registrations in that given month, says ICANN.
As part of its FY09 Budget, the ICANN board of directors will decide on June 26 whether to adopt this anti-domain tasting provision, which was first proposed in March.
The act of domain name tasting exploits the fact that individuals or companies can register a domain and keep it for up to five days. During this time, opportunists can test domains to see if they generate more in advertising revenues than the cost of their annual registration fee, and if they don't, return it for a full refund.
Network Solutions says the practice is "abusive" and has urged the ICANN board to adopt the non-refundable fee so there is no longer any financial incentive to engage in the practice.
However, this may be seen as hypocritical to many, considering that earlier this year Network Solutions adopted the controversial practice of registering on its own behalf any domain searches performed on its site.
Network Solutions has long been criticized for engaging in front-running - the practice where an individual registers a domain name for the purpose of tasting, immediately after someone else has conducted a search for that domain.
In February, the company was named in a federal class action lawsuit regarding this practice. | Reads: 1075 | Category: General | Source: TheWHIR : Web Host Industry Reviews
URL source: http://www.thewhir.com/marketwatch/062008_NetSol_Pushes_ICANN_to_Adopt_Fee.cfm
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