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Surprise! Verisign to increase .net fees
Kevin Murphy,
December 19, 2012, 21:19:33 (UTC),
Domain Registries
Verisign has just announced that it will increase its .net registry fee by 10% next year.
The changes, which will become effective July 1, 2013, see the charge for a one-year registration increase from $5.11 to $5.62.
The increase, which is permitted under Verisign’s contract with ICANN, was inevitable given the fact that the company has just lost the right to increase .com prices.
US Department of Commerce intervention in .com means that prices there are frozen for the next six years, so Verisign can be relied upon to seize every alternative growth opportunity available to it.
The last time .net’s fee was increased was January 2012, when it went up by 10% to the current $5.11.
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Since the world ends in 2 days, that’s pointless. 😀
To entrust a profit seeking entity to run such an important system is not good.
Why? You expect them to do it for free?