Several European companies who have spent much time and money on creating a new domain name system couldn’t hide their frustration over the Clinton Administration’s new plan to privatize the Registry. The Council of Registrars (CORE) had proposed a new plan last year that would make seven new TLDs (top-level domains) available by the end of this year. The White House only allows for five new TLDs and maintains US control over the name system until at least the year 2000. Moreover, the new plan does not specify a time when the new TLDs will be available for registration.
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