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NEW YORK — The Commerce Department expressed confidence Monday that it could grant a California company extended rights to manage the most popular Internet addresses.
The deal could mean millions of dollars in revenues for VeriSign Inc., which now gets $6 annually for every domain name registered and entered into its master directories. Officials from Commerce, VeriSign and the oversight board for Internet names met for several hours Monday to discuss the details.
In a statement, Commerce Department general counsel Ted Kassinger said officials “are pleased with the progress and are confident an agreement can be reached in the near term.”
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