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VeriSign and ICANN Reach .com Agreement

The U.S Department of Commerce approved an agreement between ICANN and VeriSign that allows VeriSign, the world’s largest domain registrar, to retain control of the .com TLD. Additionally, the release date for .net, which VeriSign also controls, was pushed back two more years. The plans for VeriSign’s release of the .org TLD have not changed and it will be relinquished in 2002.