VeriSign Jacks Up .com, .net Prices To the Max
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."
I wonder if this will decrease the amount of spam sites that clutter up so many Google search results...
I suffer from attention surplus disorder.
There's a very limited number of reasonable .com and .net domains out there. If they aren't worth USD $10 a year to you, maybe you should let someone else have a chance?
I think registration should be something like $100 one-time + $25/yr. Yeah, I'd spend a lot more, but it would be worth it to kill squatters.
How can I believe you when you tell me what I don't want to hear?
The United States is really big on competition. Everyone else has to compete. Why is this monopoly allowed to exist?
-- Even if a god did exist, why the fsck should I worship it?
I am amazed that such a valuable commodity is so cheap still, especially when the low price only benefits those who purchase massive amounts of domains. I wish the prices were at least $20 a year.
If your running a website, the $9 registration fee is pretty minimal. If you can't afford that, you probably aren't getting much out of having your site anyway.
Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
I don't mind paying $9 dollars, I mind paying them exclusively to Verisign.
The dollar is dropping like a rock. If they are an international company, they probably have no choice. When did they make this contract? They may even be getting screwed.
"don't mind working for a publicly-traded company, as long as their stated commitment to their people is a commitment to all of their people."
That's more likely to happen if it's a Cooperative.
Even if Cooperatives do as well or even better than Companies (thinking long term is typically better than "let's sack everyone and boost profits for next quarter"), there is currently not as much incentive for people to start up cooperatives - it typically takes a lot of effort and risk to be the "first boss" and get everyone else etc. Companies are started instead so that the person starting them can get the lions share (I have no objections to that).
Perhaps existing cooperatives could create funds to be used to help get more cooperatives started (a bit like what "venture capitalists" are doing).
Verisign can't change prices without negotiating with ICANN.
So really, any name calling and/or accusations of penny squeezing should be directed at ICANN.
[Fuck Beta]
o0t!