regulatory
confidence high
sentiment negative
materiality 0.80
Verisign rebuts advocacy claims that .com agreement can be terminated Aug 2
VERISIGN INC/CA
- Letters from American Economic Liberties Project and others on June 26, 2024 to US Departments of Commerce/Justice and White House Competition Council.
- Letters assert .com Cooperative Agreement can be terminated by DOC on August 2, 2024, and management transferred via bidding.
- Verisign states assertion is wrong: .com registry continues under valid ICANN Registry Agreement regardless of Cooperative Agreement status.
- Verisign notes campaign and letters contain falsehoods and ignore clear language of agreements, US policy, and ICANN role.