[Comments-com-amendment-3-03jan20] Proposed Amendment 3 to the .COM Registry Agreement
jason at woelfel.pro
Tue Feb 11 02:32:19 UTC 2020
A single publicly traded corporation should not be given the authority to determine wholesale prices of .com domains and be allowed to increase those fees at a rate well beyond inflation for many years to come. Verisign deserves a reasonable fee for its job in maintaining the .com registry and related tasks, but it should not be allowed to extort profits from the public while fulfilling its role as a public servant.
Unlike the prices set by registrars and domain name investors, any .com fee hikes that Verisign might impose would NOT be influenced by market forces or competition, and would undermine the tenets of our free enterprise system. Giving Verisign the option to increase wholesale prices of .com domains will adversely affect a vast number of people and companies simply trying to conduct business and earn a living. Why should Verisign be allowed to set the prices arbitrarily?
Since we do not enjoy (at the moment) a de-centralized .com registry that would foster competition and help keep prices in check, Verisign would essentially have a monopoly on .com domain names, the most sought-after name space on the Internet today. And, that is wrong.
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