[Comments-com-amendment-3-03jan20] COM amendemnt opposition
I oppose Amendment 3 to the .COM Registry Agreement. Allowing wholesale prices for .com domains to rise 72% over 12 years, is far more than the rate of inflation and also far more than Verisign's costs of maintaining the registry could possibly increase by. I believe this will dramatically hurt the internet ecosystem. It will especially hurt small website operators, like myself (three .com + a handful of redirects), and will discourage internet users from creating blogs and personal pages, with the end result of reducing democratization of the internet. Verisign reported a 69.4% operating margin in Q1 2019, so they clearly do not need the extra revenue from this price hike. ICANN has granted a monopoly over .com to Verisign and ICANN has a duty to every internet user on the planet to carefully regulate this monopoly to prevent abuse by Verisign.
participants (1)
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Seth Troisi