[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

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