[Comments-com-amendment-3-03jan20] DEMAND THAT ICANN REFUSE ANY .COM PRICE INCREASE
Arturo Moncada Torres
arturomoncadatorres at gmail.com
Tue Feb 11 08:53:51 UTC 2020
The National Telecommunications and Information Administration (NTIA)
recentlyannounced
<https://www.ntia.doc.gov/press-release/2018/ntia-statement-amendment-35-cooperative-agreement-verisign>that
it would “permi[t] Verisign to pursue with ICANN an up to 7% increase in
the prices for .com domain names”, but it*does not*of course, compel
ICANN to agree to any such increases. Any such decision regarding .com
pricing remains with ICANN.
Demand that ICANN REFUSE a potential price increase on .COM domains!
Verisign is entitled to a reasonable fee for running the registry on
behalf of ICANN. Verisign currently charges*$7.85 per .com domain name
per year. *The cost to operate the registry, after taking into account
the expensive infrastructure necessary to provide reliable and secure
operations and high overhead, has been estimated at*$1.00
<https://www.theregister.co.uk/2018/11/02/dotcom_domains_pricing/> to$3.50
<https://domainnamewire.com/2018/09/11/verisign-coperative-agreement/> per
domain name per year.*
If the proposed fee increases go into effect, by the end of the six-year
agreement term, the fee for each .com domain name will increase to
$10.29 per year,a 30% jump from current levels
<https://www.theregister.co.uk/2018/11/02/dotcom_domains_pricing/>.
Even conservatively assuming that in six years’ time there are only 140
million .com domain name registrants instead of the current 138 million,
that increase of $2.44 per year, per domain name, would result
in*$341,000,000*more revenue for Verisign per year. That money would
come out of the pockets of .com registrants like you.
Higher fees for Verisign are not justified, as demonstrated by the
following four key points:
1. Verisign is a provider of technical registry services, it does not
own the .com name space;
2. Unlike Verisign's fees, the prices set by registrars and domain name
investors are held in check by competition;
3. Verisign is already well-paid for its services, as evidenced by its
substantial profits; and
4. ICANN need not approve fee hikes; on the contrary, ICANN ought to
assert its right to set reasonable fee levels for its hired registry
manager.
Make your voice heard and join us by signing the petition to REFUSE any
attempted price increase by Verisign!
*We, the millions of .com domain name registrants all over the world,
stand to lose the most from a .com price increase, and we DEMAND THAT
ICANN REFUSE ANY .COM PRICE INCREASE.*
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