[Comments-com-amendment-3-03jan20] .com Price Increase (Proposed Amendment 3 to the .COM Registry Agreement)
Wil G. | Oatmeal Design
info at oatmealdesign.com
Tue Feb 11 13:21:17 UTC 2020
To whom it may concern,
I am strongly opposed to the proposed .com price increase contained within
the "Proposed Amendment 3 or the .COM Registry Agreement.".
ICANN sets the price for .COM domains. Verisign is the sole-source
supplier of .COM domain names at the wholesale level, giving them an
effective monopoly. Verisign charges $7.85 per year to register or renew a
.COM domain name each year. Verisign’s costs are estimated at between
$2.50 to $2.90 per domain name per year. Everything above that is pure
profit.
Verisign already enjoys one of the highest profit margins of any company in
the world. A further price increase is not justified. Yet ICANN staff want
Verisign to increase prices on .COM registrants by 7% per year from the
current $7.85 to $10.26 after four years. This will impose hundreds of
millions of dollars of added expense on .COM registrants – simply to
benefit Verisign.
ICANN is supposed to act in the public interest and to be responsive to
public comment.
Wil G.
*Oatmeal Design*
(902) 403.4817
P.O. Box 797
Pictou, NS B0K 1H0
*Approvals by email assume you have reviewed your art and are satisfied
with the copy and artwork. Oatmeal Simple Graphic Design will not be held
responsible for changes or errors on a proof approved by e-mail.*
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