wordpress blog stats
Connect with us

Hi, what are you looking for?

, , , ,

ICANN rejects .ORG sale proposal to private equity firm

Courtesy: Pixabay

We missed this earlier: The Internet Corporation for Assigned Names and Numbers (ICANN), the organisation which oversees domain names, rejected the proposal to transfer control of the .ORG top-level domain to a private entity. The deal would have seen the registry transfer from the non-profit Public Internet Registry (managed by the Internet Society, also known as ISOC) to private equity company Ethos Capital for $1.135 billion. ICANN said it was the “right thing to do”.

In November 2019, ISOC announced that it would transfer control of .ORG to Ethos Capital, but the move immediately drew criticism from Tim Berners-Lee, widely described as the founder of the world wide web, who called the deal a “travesty”. Advocacy organisations like the Electronic Frontier Foundation also criticised the proposed deal and sought answers on the “questionable finances of the deal”.

In February 2020, ICANN’s chair of the board of directors raised questions about the deal, asking if ISOC received multiple bids for the sale of Public Interest Registry (PIR), and if it had asked bidders how they would uphold the commitments made by ISOC in 2002. Before that, California Attorney General Xavier Becerra had written to ICANN on January 23, seeking in-depth information on the sale.

ICANN’s decision “sets a dangerous precedent with broad industry implications. ICANN has overstepped its purview, which is limited to ensuring routine transfers of indirect control (such as the sale of PIR) do not impact the registry’s security, stability and reliability,” Ethos Capital said in a statement. “It allows ICANN to base its decisions on a subjective interpretation of what it deems to be relevant in these transactions, rather than following its own clear and specified legal directive,” it added.

“We are disappointed that ICANN has acted as a regulatory body it was never meant to be, as laid out in Article 1 of its bylaws. The outcome seems inconsistent with prior decisions made by ICANN in similar cases,” ISOC said.

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.


Find out how people’s health data is understood to have value and who can benefit from that value.


The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ