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.com prices to Rise

A

ashokuh

Member
I got this email directly from Directi

Hi everyone,

I am writing this letter to all of you personally because it is time for all of you to stand up for a cause. Some of you might be aware that ICANN and Verisign recently announced a proposed settlement of their pending litigation (Verisign had sued ICANN a few years ago and that lawsuit is pending). We believe this settlement is unfair, unjust, inappropriate and would be blasphemous to the Internet community and to your Business.

Some Highlights of the settlement

The settlement agreement allows Verisign to increase the price of .com domain names to every Registrar by 7% every year. Currently Verisign charges all Registrars $6 for every domain name. The new settlement agreement however allows them to increase prices to all of us without any cost justification. They can simply increase the price by 7% EACH year.

This means they could double the price in 10 years. Naturally any increase in price would mean all Registrars would have to increase their prices to you. This would reduce your sales and reduce your potential to sell other Products.

In this settlement proposal ICANN is giving Verisign the chance to make more than 2 Billion Dollars extra over the next 10 years. This may by far be the most expensive settlement proposal the world has witnessed.

This 2 Billion Dollars is coming out of your / your customers pockets.

The new settlement agreement also doubles the ICANN fees charged to Registrars. Currently Registrars pay 25 cents per domain name to ICANN. The new agreement will make that 50 cents. This again means all Registrars will further increase what they charge all of you for dotCom Domain Names.

The new settlement agreement has a perpetual presumptive renewal clause. This means that Verisign will permanently hold on to the dotCom Registry. There will never be any competitive bid for it, except in a very remote circumstance. Verisign now gets the right to a perpetual monopoly. This means that they are free to do whatever they want with dotCom, without fear of competition. Prices therefore will never reduce.

The entire settlement documents are posted online at http://www.icann.org/tlds/agreements...agreements.htm

The part with regards to pricing is in Section 7.3 of http://www.icann.org/tlds/agreements...nt-22sep05.pdf

What can you do?

This settlement agreement will be signed very soon unless the ICANN Board is convinced otherwise. You all represent the voice of the various Domain Name Consumers worldwide. All of you should send your comments about this settlement and how it will affect your business.

Send your comments to settlement-comments@icann.org

Keep the following points in mind before sending your comments:

Put in your company name, and specify how long you have been in business, and how you represent the voices of hundreds and thousands of Customers in your specific region.

You may specify how any increase in the dotCom domain name prices will affect your business.

Readup existing comments by other people at http://forum.icann.org/lists/settlement-comments/. Your comments can be similar to the ones already posted. More number of comments about the same issue from different people across different countries would clearly show that everyone is concerned about the same issue.

Feel free also to forward this email to your Customers and Resellers and urge them to individually post comments as to how this would impact their respective Business.

Why ICANN should not sign this Settlement?

ICANN itself has stated publicly that it is more likely to win the lawsuit than lose it. There is no reason for it to sell out the Internet to settle this litigation when there is a greater chance of it winning the lawsuit anyways.

The outcome does not provide benefits to the Internet community that both ICANN and Verisign were intended to serve.

The ICANN staff are proposing to provide Verisign the ability to increase their prices by 7% annually. Everywhere around the world prices for domain names and web services are reducing. There is no reason for ICANN to grant an increase in the prices.

ICANN is supposed to act as an administrator of the Internet on behalf of the Internet community. This proposed settlement however benefits ICANN and Verisign at the cost of the community.

It is important at a time like this for you to stand up and make yourself heard. The Internet should not belong to any one organization. Any changes affect millions of businesses worldwide. It would be unfair if any such changes are made without consensus from the community as a whole.

Regards,
Bhavin Turakhia
Founder, Chairman & CEO
Directi

__________________________________________________ ____________

WWW.purohits.com (.org domain for $4)
 
I got that as well.

Icann are just being greedy, unfair, and they are nincompoops.

This is stupid, and if it happens, i will be forced to give up some of my websites. The $60 transfer fee for a .co.uk domain is enough, this is just totally unfair.
 
C'mon guys, it's been $6 to a year for about 10 years now... cost of living goes up, gas goes up, taxes goes up.

7% increase for a .com .... so it's $6.50 next year.

There is so much more to worry about. Spit up the price increase of 7% and remember what you're complaining about when gas increases 200% or Mortgage Rates go up 1.5%.

We're talking about quarters here.
 
Im in agreeance with hottweelz, it's not much more to be asking, they too have to live here too....
I don't think we'll ever see it go up past $10 (us dollars) and really that is not that much for a year-- My look on it is like a hair cut is roughly $20 and it lasts a few months - then you go get another one.
 
robert allen said:
I got that as well.

Icann are just being greedy, unfair, and they are nincompoops.

This is stupid, and if it happens, i will be forced to give up some of my websites. The $60 transfer fee for a .co.uk domain is enough, this is just totally unfair.
Click to expand...

It's not Icann doing the rising of the bill. It's Verisign that'd be raising the price.
 
Although I partially agree with the argument presented by hottweelz, I think one should be careful because this doesn't only mean that domains could go up to $6.50 next year, but that the cost could increment as the years pass and with no logical reason. I would understand if the company raised their prices if they really needed it or if they had a reasonable argument behind it (apart from greed or other sort of ambitions that have nothing to do with need), but if this is true and Verisign wins, then one wouldn't know what to expect. And, this would affect many people who don't have enough resources. Not everyone who owns a .com lives in the United States (or a country that is well off). If you add to this any other increment in prices of things that are more needed, it would mean that people would put their needs first. I know of people who would rather go to the gasoline station where they will save 5 cents per gallon instead of a different one. So, maybe for those, .50 cents might mean a little more than for those who have the resources that don't let them value .50 cents.

I would be okay with Verisign winning if I trusted them with such liberties. However, I don't. I've seen many big companies take advantage of various (money-making) opportunities (do the math, .50 cents more per every .com, not just one or two)...and I don't blame them because it is all business. But, if it can be avoided, then that would be good.
 
Oh, well.

As long as the price isn't ridiculous, I won't start any riots.

(If it ever does get to be too high, though, I'll have my pitchforks and torches ready for a mob attack on VeriSign's corporate headquarters.)

Edit: Well, I just checked my e-mail, and I received the same e-mail. The title says ".COM Prices will rise...", yet the body of the e-mail says that the settlement is "proposed." Seems inconsistent to me. :/
 
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fireshark said:
itd be ok if it was tied to somehting like inflastion.,l.. but potatoes dont rise 7% per year
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How much has inflation risen in the past ten years as opposed to TLD's NOT rising in the past 10 years?
 
No matter how you look at it pricies rising doesn't help the average internet user, at least, it doesn't help in anyway I can see....
 
krazframe said:
No matter how you look at it pricies rising doesn't help the average internet user, at least, it doesn't help in anyway I can see....
Click to expand...
The intent is to make a profit while balancing costs, it's called an ROI. Maybe if we didn't give away so much to begin with, it wouldn't follow through in the Dominoe Theory.

It's not designed to "help" internet users.
 
wow, its gonna rise by 50 cents a year. whats the big deal the domains are cheap --- hell as they are now. you cheap bastards
 
this is junk. They are selling you the right to a name. It's not even a tangible product, what does it cost them? Greedy, Greedy bastard, and don't forget it will rise continually and slowly, so as not to get the attention from people like you. For you it's just a little extra change, but for the guy makin the money it's a HUUUUUGE difference. He get's MUCH MUCH richer for no reason. It's not like the domain has gotten any better, just more expensive.

I hate fugging greedy bastardos. GREED is a biatch.
 
striker said:
this is junk. They are selling you the right to a name. It's not even a tangible product, what does it cost them? Greedy, Greedy bastard, ....He get's MUCH MUCH richer for no reason. It's not like the domain has gotten any better, just more expensive.

I hate fugging greedy bastardos. GREED is a biatch.
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Do you have any idea? More ignorance on FWS... shocked? You want to get schooled? Hmm...

Once the IANA decides which top-level domains exist and how they're delegated, the TLDs are carried by a set of root DNS servers that serve as the base for the DNS directory on the Internet. The reality of how the Internet functions is that the Internet service providers ISPs-who maintain the connections-cooperate and by joint agreement use the central root servers designated by the IANA.

Here are how some of the delegations are currently handled:

· .edu, .com, .org., and .net are administered by the InterNIC, which also handles registry for North America.

· .gov is delegated to the U.S. Federal Networking Council and is administered at the InterNIC.

· .mil is managed by the U.S. Defense Data Network.

· RIPE NCC handles registry for Europe, delegating most of the country TLDs to national registries.

· APNIC handles registry for the Asia-Pacific region, delegating most of the country TLDs to national registries.

When the Internet was still funded by the U.S. Department of Defense, it was clear who made the decisions. In today's Internet, things run because several organizations and entities have agreed to cooperate. There exists, however, a centralization of registries that has led to growing dissatisfaction within the Internet community; that is, the InterNIC retains a virtual monopoly on managing the .com domain. Several proposals have been put forth, and efforts are currently under way to change that situation to provide more options for people looking for domain names and to make the registries more competitive.
Click to expand...

Get some real knowledge here: http://www.isoc.org/oti/printversions/0996prtrio.html
 
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