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Icann Verisign comment period on .com price increase

Labeled as news in Domain Industry News, started by Joe Styler, Feb 13, 2020

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  1. Joe Styler

    Joe Styler Aftermarket Product Manager GoDaddy Staff Afternic Staff PRO VIP

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    I wanted to let everyone know who may not have received the email from GoDaddy yesterday about our stance on the price increase and how you can make your voice heard on the comments. The comment period is still open for another day. The proposed price increase would be 7% for 4 years.

    Here is the public comment link: https://www.icann.org/public-comments/com-amendment-3-2020-01-03-en

    Here is the email we sent out.

    ICANN has proposed changes that could significantly impact you and your business.
    Let your voice be heard.

    As a large domain portfolio holder, ICANN has proposed changes that could significantly impact you and your business. ICANN has proposed an amendment to the .COM registry agreement between itself and Verisign. The proposal would allow Verisign to increase the price of .COM by up to 7% every year for the next 4 years. Since 2018, we have been actively working to raise awareness around this issue, including when GoDaddy testified before Congress in July 2018. Even now, we’re continuing to have discussions, but ultimately, we are one company. Now is the time for ICANN to hear your voice. Please take a few minutes to let ICANN know how allowing this increase will impact you in the years to come. The public comment period is open until February 14th. To be heard, use ICANN’s form to submit your personalized comments. We value your business and vow to keep advocating on your behalf.
     
    Last edited: Feb 13, 2020
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  2. Joe Styler

    Joe Styler Aftermarket Product Manager GoDaddy Staff Afternic Staff PRO VIP

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  3. Domain_savvy

    Domain_savvy Established Member

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    Joe, can you paste the direct link of the site/page here where one can make the comments?
     
  4. Joe Styler

    Joe Styler Aftermarket Product Manager GoDaddy Staff Afternic Staff PRO VIP

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    Sure I added it above as a full link. The copy and paste to this forum must have stripped out the link. Sorry about that. The comment button is on the top right side of the website. https://www.icann.org/public-comments/com-amendment-3-2020-01-03-en
     
  5. Keith

    Keith Top Contributor VIP ★★★★★★★★★★

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    I like the idea of an increase. In fact, it should cost a fortune to hold an asset, where there’s only one in the world.

    It’s not advantageous for big registrars but higher prices keep people honest!
     
  6. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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    Let's drop the pretense.

    Is GoDaddy going to lead a class action lawsuit?
     
    Last edited: Feb 13, 2020
  7. Internet.Domains

    Internet.Domains Top Contributor VIP

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    @Joe Styler Why doesn't Godaddy throw a lawsuit on this case? As the largest revenue source for both ICANN and Verisign there is surely a case to be made.

    Sure, comments are good. That is they create a "feel good" moment, but anyone believing ICANN will listen to the comments is kidding themselves.
     
  8. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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    Agree.
     
  9. Keith

    Keith Top Contributor VIP ★★★★★★★★★★

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    If godaddy protests it’s because they want to keep low prices for their bottom line. More registrations equal more revenue.

    At this stage, .com should be $1,000 a year to hold. It would actually build the internet enduser base and create real content. The days of holding loads of domains hostage should come to an end imo.
     
  10. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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    @Joe Styler

    The email GoDaddy should have sent is an announcement of a class action lawsuit, with a link for financial contributions towards it.

    Are you diffusing the outrage of this robbery?
     
  11. Sutruk

    Sutruk Established Member

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    Thank you Joe for creating the Thread. Only one day left.

    Guys, I hope all of you comment against the increase of the .com Registry price.

    At least if you don't want to pay more and more every year.
    I think this is the least we can do.

    https://www.internetcommerce.org/comment-com/

    https://www.icann.org/public-comments/com-amendment-3-2020-01-03-en/mail_form

    You just have to send an email to them.


    Say that you are against the price increase and give some reasons.

    No one other than Verisign want increases in .COM prices.
    The current rate of $7.85 is already far more than justified.
    Verisign is merely your manager of the .COM Registry – it has no business dictating the price.
    ICANN is supposed to govern the domain name system in the public interest.
    Verisign already makes $1 billion in gross profit annually so the proposed .COM price increase is purely based on greed.
    Other registries have said that they could run the .COM contract for much less.

    8,618 people have already sent an email to them.
     
    Last edited: Feb 13, 2020
  12. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    I have finally submitted my comment, and urge others to do so. @Sutruk has made good points in his post just above.

    Who knows if it will have an impact on the decision. It was certainly disappointing how ICANN not only ignored but referred to as spam the huge number of comments left in the earlier discussion, but I wonder if this time might be different with it seems almost all of the registrars urging responses.

    The essential issue as I see it is not that a .com registration is not worth 7% more, but rather the issue of whether Verisign, the caretaker but not the creator of the value of the .com TLD, deserve an increase when even their current price is so different than actual costs, and there was no competitive bid.

    Bob
     
  13. Sutruk

    Sutruk Established Member

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    Thanks Bob. I knew you couldn't stand still on this matter. Every comment counts.
    In fact, everybody in this forum should send an email and comment there.
    At least if you have a .com
     
  14. Shaan Chopra

    Shaan Chopra Established Member

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    Just did
     
  15. Sutruk

    Sutruk Established Member

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    Thank you Shaan!!
     
  16. Mister Funsky

    Mister Funsky Top Contributor VIP

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    "At this stage, .com should be $1,000 a year to hold."

    PLEASE tell me from what dispensary you acquire your medical marijuana...I will be moving within walking distance immediately! :xf.smile:

    edit: sorry, got so excited I forgot to activate the quote!
     
    Last edited: Feb 13, 2020
  17. premkumar

    premkumar Top Contributor VIP

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    Mailed them, remind you the price is for all, not just for domainer, it apply even to poor person from undeveloped country who have ambition to start something online or to use it improve the people life in his/her country.

    The money we pay don't go to any non profit but for profit company, if they increase, they should justify it by open auction of who going to run the .com server not give the billion of dollars to one company without any fair market practice :) .
     
  18. werty

    werty Top Contributor VIP ★★★★★★★★★★

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    Thanks Joe...
     
    Last edited: Feb 14, 2020
  19. GeorgeK

    GeorgeK Leap.com PRO VIP ★★★★★★★★★★

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  20. NameDeck

    NameDeck SaveDotOrg.org VIP

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    You mistake the end-user base for solely consisting of domainers and companies.

    It's a very common mistake though so understandable.
     
  21. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

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    Stopping the price increases is not enough, the registry prices actually have to go down for .com

    The original .com contract and its subsequent amendments have been conceived and implemented under dubious arrangements and are contrarary to the ICANN mission of protecting the public interest as there was no mechanism put into place to account for the almost doubling of the total number of .com domains in the past few years.

    This whole situation has to be investigated as to how a few ICANN insiders and their friends have falsely justified the registry base price to begin with. In reality the registry price for .com at its current volume of registered domains should not be more than 2 or 3 dollars and would actually be more fair if it was at $1.95 .

    With all the advancements in technology the cost of maintaining the .com registry does not justify the $7.85 price specially as the total number of .com domains keeps increasing steadily and so this makes this more like an arbitrary tax that is being forced on the registrants by the registry without providing anything of value and substance in return beyond their minimum requirements.

    It seems that this whole thing is designed to serve the interest of a few ICANN insiders and their friends and not the interest of the registrants and the public at large.

    IMO
     
    Last edited: Feb 14, 2020
  22. Yusupbabay

    Yusupbabay presiden.com VIP Gold Account

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  23. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

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    Making comments and sending emails is just a waste of time, these people are going to keep doing what they do until they are stopped by a higher force.

    So if you are going to send any emails I would suggest sending it to those who have the authority to hold those ICANN insiders legally accountable for racketeering.

    IMO
     
    Last edited: Feb 14, 2020
  24. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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    @GeorgeK

    George, comments don't seem to work. Why not talk towards a class action litigation?
     
  25. Yusupbabay

    Yusupbabay presiden.com VIP Gold Account

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    Thank you for the advice.
    at least I do something even if the effect is small, or not at all.
    compared to me just shut up and not do something.
     

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