news Verisign Receives Regulatory Approval to Raise .COM Prices; Restrictions Deleted

[clasione]

NEW YORK, NY – Although many had hoped it wouldn’t happen, Verisign (NASDAQ: VRSN), the company behind the registration and creation of .COM domain names, has been given the virtual green light by the US Government to raise the price of .com domain names by 7% in each of the last four years of each six-year contract. https://www.strategicrevenue.com/ve...l-to-raise-com-prices-price-controls-deleted/

 

[Mr. DeletedMr. Deleted is verified member.]

sad, and they really have no costs compared to what this is giving them

 

[seek99]

NEW YORK, NY – Although many had hoped it wouldn’t happen, Verisign (NASDAQ: VRSN), the company behind the registration and creation of .COM domain names, has been given the virtual green light by the US Government to raise the price of .com domain names by 7% in each of the last four years of each six-year contract. https://www.strategicrevenue.com/ve...l-to-raise-com-prices-price-controls-deleted/

its not fair to investors should have a special rate $2 per year

 

[accurate]

This needs to go out to competitive bidding.

 

[Mr. DeletedMr. Deleted is verified member.]

This needs to go out to competitive bidding.

They had a site, http://stopthepriceincreaseof.com/ - only 2,126 voted.

 

[Mr. DeletedMr. Deleted is verified member.]

So now that they got approved to raise our prices, they all think they won and are mad at the industry that feeds them. Then a guy who encouraged the price increase Rick "the domain king" got mad at both sides.

http://www.ricksblog.com/2018/11/ve...-bus-fck-you-verisign-apologize/#.W943XtVKjcc

 

[accurate]

Given the enormous value built up behind most dot-coms, Verisign will almost certainly take the opportunity to increase its price each time (it certainly has every other previous time it has been allowed to raise prices). That means that likely dot-com prices looking forward will be:

• 2019: $7.85
• 2020: $7.85
• 2021: $8.40
• 2022: $8.99
• 2023: $9.62
• 2024: $10.29

https://www.theregister.co.uk/AMP/2018/11/02/dotcom_domains_pricing/

 

[Mr. DeletedMr. Deleted is verified member.]

Did they not have .org at one time? They no longer do. There are others that would be happy to take over the .com registry. The cost of hosting did not get more expensive over time, it got cheaper, so the price of the registry should also go down.

As for Rick, he is not relevant anymore but it is funny that he now has his millions and wants to push out the few guys who do not have a large portfolio.

 

[Mr. DeletedMr. Deleted is verified member.]

https://www.theregister.co.uk/AMP/2018/11/02/dotcom_domains_pricing/

Verisign runs a monopoly with little real competition and such a move would be in the public interest given how widespread dot-com domain usage is, argued ICA's legal counsel Phil Corwin, the main driver behind the campaign.

In November last year Corwin left his post at ICA after 11 years to become policy counsel for… Verisign. ®

lol

 

[CastionCastion is verified member.]

Talk about loosing his cool

 

[londonremovals]

thanks for sharing post. interesting topic