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New Dot-Com Agreement Blocks Price Hikes, But for How Long?

Nerval's Lobster (2598977) writes | about a year ago

The Internet 0

Nerval's Lobster writes "Verisign has announced a new six-year deal to operate the “.com” registry for the Internet Corporation for Assigned Names and Numbers (ICANN)—with one important caveat: price hikes will be essentially blocked for the length of the agreement. But the block on price hikes may also be a bit of a red herring, because Verisign also won a concession to entirely remove pricing restrictions, as well. And Verisign executives said during a conference call that the new agreement does not block them from raising dot-net domain prices by 10 percent on an annual basis. The .net agreement will be renewed in 2017."
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