VeriSign Announces Increase in .com/.net Domain Name Fees

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selina

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Quoted from Domainnews.com
"VeriSign, Inc. ,the trusted provider of Internet infrastructure services for the networked world,announced, effective July 1, 2010, an increase in registry domain name fees for .com and .net, per its agreements with ICANN. VeriSign announced that as of July 1, 2010, the registry fee for .com domain names will increase from $6.86 to $7.34 and that the registry fee for .net domain names will increase, from $4.23 to $4.65.
As the economy and society becomes increasingly dependent on digital technology, it is imperative that investment in the underlying infrastructure, including .com and .net, continue to keep pace with the robust growth of the Internet and ensure its continued security and reliability. Over the last decade, the volume of Internet traffic and domain name system (DNS) queries on VeriSign's global infrastructure has increased from an average of approximately 2 billion queries per day in the year 2000 to more than 50 billion queries per day today while maintaining 100 percent operational accuracy and stability for the last eleven years.":(:(

How can we survive in such increasing domain price?
 
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.US domains.US domains
If their justification for increased prices is based on Queries per day, they are on a nice trajectory upwards, considering only about 20% of the world population is currently online.

Its time for competitive pricing in running the .com registry..if not we can expect this every year
 
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