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VeriSign Jacks Up .com, .net Prices To the Max

Posted by ScuttleMonkey on from the greed-is-universal dept.

se7en writes "VeriSign is jacking up prices for the .com and .net domains for the second year running, increasing both by the maximum 7% allowed under its exclusive contract with ICANN. 'Assuming that VeriSign continues the 7 percent rise each year (which seems reasonable given the company's history), registrars will be looking at $9.00 for .com domains by the time the current contract ends in 2012 — a 50 percent increase in six years.' Registrars have no choice but to pony up, and chances are they'll pass the pain on to customers."

5 of 215 comments (clear)

  1. And? by TubeSteak · · Score: 5, Insightful

    Is there any reason Verisign wouldn't jack up prices by the max allowed in their contract?

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    1. Re:And? by Mr.+Slippery · · Score: 5, Insightful

      Is there any reason Verisign wouldn't jack up prices by the max allowed in their contract?

      In a sane world, behaving like a bunch of asshats by trying to squeeze us for every penny they can, would mean that their contract wouldn't be renewed by ICANN; so there would be such an incentive. In a sane world.

      Of course, we do not live in a sane world.

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    2. Re:And? by BrookHarty · · Score: 5, Insightful

      Well if you don't like them, go register your domain somewhere else!

      Oh wait.

  2. Value of the once almighty dollar. by lancejjj · · Score: 5, Insightful

    increasing both by the maximum 7% allowed under its exclusive contract with ICANN But that 7% increase is in U.S. dollars.

    Given the recent drop of the value of the dollar, that means that much of the rest of the world whose currency isn't based on the US dollar will see a 1% price drop, instead of a 8% price drop.
  3. Re:Can't say I mind... by garett_spencley · · Score: 5, Insightful

    The problem is that "lay-people" consider .com to be "it". And if you register "my-indie-band.org" some squatter WILL register "my-indie-band.com" ... and when your fans go to look you up they'll type in the ".com" before the ".org".

    Is it bullshit ? Yeah, absolutely. Is there much we can do about it ? Not really.