[Comments-com-amendment-3-03jan20] It's about time.

[james garbe]

Sorry to all the domainers but I agree with increasing the price of .coms. They are the most valuable domains on the internet. There is a secondary market in which many of these domains are being resold for thousands and in some cases millions of dollars. People and companies are holding in some cases hundreds of thousands or millions of domains because they are so valuable but so cheap to own. This does not make sense when there are so many new domains that are not as valuable but cost more to own. Also, Godaddy and others are trying to keep this niche business to themselves reaping the profits at the expense of the rest of us through this monopoly. This low renewal pricing allows them and others to quite literally hold millions of the most valuable .com domains hostage to the rest of the world selling them at whatever price they can extract from potential buyers. They actively seek out and purchase valuable .com domain portfolios from individuals and companies to add to their giant inventories and protect their monopoly. When the new domains came out on mass Godaddy would sell them to you but at the time refused to let you offer them on their platforms for re-sale in the aftermarket because  the vast inventory of .com domains they owned would potentially become less valuable in this after market. There would also be a threat if the general public started to prefer the new domains to .coms thus again affecting the price of .coms in the aftermarket. Godaddy did eventually change their stance on this but only in a limited way. Godaddy would favor large customers like Huge Domains who owns millions of .coms and manipulate and exploit smaller customers without the financial resources to do anything about it. Godaddy and other’s have created a monopoly of the most valuable  .com  domains and are only  apposing this increase because they want to protect their .com inventory pricing as well as their large customers and are not really looking out for the general consumer. What are we talking about, perhaps a $3 increase in total for a .com over the next four years? This will not impact the general public purchasing a single .com or even several in a very negative way. As a matter of fact I don’t think the general public will pay that much attention to it. The only people complaining are Godaddy and the others involved in this monopolistic aftermarket business. If you own a 100,000 domains or millions of domains the cost will be noticeable and in some cases significantly noticeable. It is time to bring this monopoly into the light and expose it for what it is. I fully support this increase!!!

James Garbe

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