.com Domain Prices to Double?
Sunday, December 4th, 2005That is, if the deal between Verisign and ICANN pushes through.
Under the deal, Verisign will drop lawsuits filed against the Internet regulatory body in exchange for the power to increase .com prices by 7% a year starting in 2007. According to the CBR Online article, current domain price stands at $6, but if Verisign took advantage of the price hike every year, we would end up paying $12 by 2012!
So unless you foresee a wage hike in your country in the next few years, then maybe it’s time to buy that .com domain you’ve always wanted. (Though you’d still have to renew it, and with a price increase every year…damn.) Or at least, fervently pray that this nightmare of a deal between Big Internet Company and Big Internet Body crumbles.If you’re lamenting this impending development (as I am), feel slightly comforted by the thought that we’re not alone — already, the proposed deal is coming under heavy flak, both from consumers and small registrars. You can read the whole story here.











