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→Relationship with ICANN
===.net Renewals===
===.net Renewals===
In other domain name negotiations with [[ICANN]], Verisign traded the [[.org]] [[TLD]] in return for continued rights over [[.com]]. In mid-2005, when Verisign's contract for operation of the [[.net]] TLD expired, Verisign and five other companies bid for it. Verisign was supported by renowned IT companies like Microsoft, [[IBM]], [[Sun Microsystems]], and [[MCI]]. On June 8, 2005, ICANN announced that Verisign had been approved to operate [[.net]] until 2011.<ref>[http://www.icann.org/en/tlds/dotnet-reassignment/dotnet-general.htm General Information Regarding Designation of the Subsequent .net registry Operator], ICANN.org.</ref> These agreements have presumptive right of renewal clauses that encourage the registry operators to invest in critical Internet infrastructure. Verisign was subsequently approved to operate the .net registry through 2017.<ref>[http://www.internetnews.com/infra/icann-renews-verisigns-.net-contract.html ICANN Renews Verisign .net Contract], InternetNews.com. Published 5 July 2011.</ref>
In other domain name negotiations with [[ICANN]], Verisign traded the [[.org]] [[TLD]] in return for continued rights over [[.com]]. In mid-2005, when Verisign's contract for operation of the [[.net]] TLD expired, Verisign and five other companies bid for it. Verisign was supported by renowned IT companies like Microsoft, [[IBM]], [[Sun Microsystems]], and [[MCI]]. On June 8, 2005, ICANN announced that Verisign had been approved to operate [[.net]] until 2011.<ref>[http://www.icann.org/en/tlds/dotnet-reassignment/dotnet-general.htm General Information Regarding Designation of the Subsequent .net registry Operator], ICANN.org.</ref> These agreements have presumptive right of renewal clauses that encourage the registry operators to invest in critical Internet infrastructure. Verisign was subsequently approved to operate the .net registry through 2017.<ref>[http://www.internetnews.com/infra/icann-renews-verisigns-.net-contract.html ICANN Renews Verisign .net Contract], InternetNews.com. Published 5 July 2011.</ref>
===.net Audit===
In January, 2013, Senior Vice President [[Pat Kane]] sent [[ICANN]] a letter stating that it had no intentions submitting to an ICANN audit of its [[.net]] registry. Kane wrote, "Verisign has no contractual obligations under its .net Registry Agreement with ICANN to comply with the proposed audit. Absent such express contractual obligations, Verisign will not submit itself to an audit by or at the direction of ICANN of its books and records." This comes directly after implementing a new "Contractual Compliance Audit Program", introduced under new CEO [[Fadi Chehadé]] in mid-late 2012 as a 3 year plan to ensure all registries and registrars are following their contracts. A registry audit would entail a review of compliance with [[Whois]], zone file access, data escrow, monthly reporting, and other policies outlined in the registry agreements. Mr. Chehadé had made a big focus of Contract Compliance and had promoted the head of Compliance, [[Maguy Serad]], to report directly to him.<ref>[http://domainincite.com/11560-in-major-snub-verisign-refuses-to-let-icann-audit-net In Major Sub Verisign Refuses to Let ICANN Audit Net, DomainIncite.com]Published & retrieved 11 Jan 2012</ref>
==New gTLDs==
==New gTLDs==