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.COM domain name prices to increase pending ICANN lawsuit.

If you own a domain name or want to purchase one, this could directly affect you.  Write ICANN and tell them not to allow this.

* The settlement agreement allows Verisign to increase the price of .com domain_ names _to every Registrar_ by 7% every year. 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_.

Posted by SPN on 11/29 at 05:31 PM in Justice / Injustice

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