[Comments-com-amendment-3-03jan20] Unreasonable rate of increase
I am certainly willing to concede that reasonable price increases need to be accounted for in long-term agreements such as these. Over the ~25 years I've been registering .com and .org domain names, the prices as I have seen them haven't particularly changed, and while the amortized costs associated with any given domain can't possibly be large, they also can't still be the same as they were in the 1990s. But 7% per year seems exorbitant. If there is some way to justify these increases I would be interested in seeing it, but without further information I can't imagine what it might be. The rate of inflation these days is closer to 2% in the US, where Verisign is headquartered. Servers, hosting, internet connectivity, and tools are constantly getting cheaper and more effective. The costs guaranteed to increase over time are people, but unless Verisign is offering a platinum health plan, people don't increase by 7% per year, every single year. As things stand, I have to hope that this gets renegotiated down to an actually reasonable rate of increase over time. -- Joel Lord Sr. Systems Architect Advanced Information Management
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Joel Lord