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    ICANN: VeriSign Can Raise .net Prices in 2007 | Log in/Create an Account | Top | 4 comments | Search Discussion
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    ICANN dropped the ball
    by GeorgeK on Sunday July 10 2005, @01:12PM (#15712)
    User #3191 Info | http://www.kirikos.com/
    ICANN dropped the ball on this one. If they tried it for .com, more people would notice.

    It's a monopoly service, in the hands of an untrustworthy abusive monopolist, as seen on SiteFinder, WLS, and other issues. And we're to trust them not to raise the price to abusive levels? Who negotiates these contracts with VRSN? Why have a tender process, with price as a factor, when that price limit can be raised at a later date? I'm sure the other bidders for .net feel this is rubbing salt on their wounds.

    I'll be extending my expiry dates out to the 10 year maximum, once the lower prices take effect (I don't own many .net names, thankfully -- I focus on .com).
    [ Reply to This | Parent ]
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    Missing the poing
    by KarlAuerbach on Monday July 11 2005, @09:40AM (#15714)
    User #3243 Info | http://www.cavebear.com/
    Most people are missing the point that the current prices are artifically inflated by ICANN's rules.

    The current registry fees bear no relationship to the actual costs of providing that service. The registry fees could be an order of magnitude lower had there been no ICANN, and had there been a decent creation of new TLDs under terms that allowed them to fight for customers and without the artificial contract term limitations imposed by ICANN.

    In other words, what people are calling a "cap" is for practical purposes, a price floor.

    And don't forget that ICANN itself is planning on extracting a $0.75 tax. The idea of the tax is itself repugnant - particularly as those who pay the tax don't get to particate in the decisions made by ICANN. But to make it worse, that tax rate is extremely high.
    [ Reply to This | Parent ]


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