Namecheap Warning About Coming .COM Price Increases

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This is part of a message I received from Namecheap earlier in the week:

======================

Help Us Avoid .COM Price Increases

Hi there!

(link removed)
What's happening?

Last month, ICANN, the organization that oversees domain names, announced
significant changes to the contract it has with Verisign, Inc. who operate the
.COM top-level-domain (TLD).

ICANN made these changes in secret, without consulting or incorporating
feedback from the ICANN community or Internet users...


These changes will have significant impact on the Internet for years to come,
and only ICANN and Verisign have participated in this decision. (edit by mod)

You can leave your comment on the .COM proposal using ICANN's form
https://www.icann.org/public-comment...3-en/mail_form

======================

Sorry for not posting this sooner.

Phil
#.com price increases #coming #icann #increases #namecheap #price #verisign #warning
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  • Profile picture of the author gluckspilz
    Yep! Received this email from Namecheap and a few other sources as well.

    Let's hope it doesn't go through.
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  • Profile picture of the author IGotMine
    This is what's on that page:

    Proposed Amendment 3 to the .COM Registry Agreement
    Please acknowledge the statement below and click continue to start the email for your comment.


    * By submitting my personal data, I agree that my personal data will be processed in accordance with the ICANN Privacy Policy, and agree to abide by the website Terms of Service.
    When you check the box and click continue, nothing happens. Very helpful.
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  • Profile picture of the author Kay King
    You can blame me for the edits - I think the email is a bit self serving for the registrar so deleted 'calls to action'. The price increase is from $7.85 to $13.50 over a period of ten years.



    I understand no one wants prices to increase - but isn't this the first increase in 7-8 years? We are talking about increases of about a dollar per year The diea that any price increase must be approved those who use the products (.coms) isn't realistic...but maybe that's me.



    I remember when you paid $80-100 to register a domain. To me, if you double the cost of a .com - it's still a great deal when you consider it can be the foundation of an online business.


    the new ICANN agreement:
    https://www.icann.org/news/announcement-2-2020-01-03-en


    The max amt proposed is $13.50 after several years of 7% increases - and of course registrars like namecheap will add their own profit on.



    I don't see a crisis but a price increase that is probably overdue and a partnership that may be necessary to keep the entire system solvent.. Am I wrong? (I could be - it's been known to happen quite often).
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    • Profile picture of the author tryinhere
      Originally Posted by Kay King View Post

      Y
      The max amt proposed is $13.50 after several years of 7% increases - and of course registrars like namecheap will add their own profit on
      <option id="26.45" value="1"> 1 year - AU$26.45 </option>

      I pay 26.45 AUD for a dot.com now in oz.
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  • Profile picture of the author Frank Donovan
    I suspect Namecheap's main concern is that the new proposal allows Verisign (who control almost 80% of the registrar pricing for domain names) to operate as a domain registrar competing directly with Namecheap and all other domain registrars. Although under the contract, Verisign wouldn't be able to sell .com names itself, Namecheap fear Verisign could act as a reseller for .coms via another registrar.

    If that happens, domain name prices to consumers might actually go down in the short term, but as domain registrars are driven out of the market, those prices would rise in the longer term.

    Personally, I've used Namecheap for many years with no significant problems. Regardless of the projected price increases, I'd probably still use them as my main registrar.
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  • Profile picture of the author Oi Toi
    I have also received this notification
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  • Profile picture of the author vishwa
    I also received the same message from Namecheap. Hope this will sort out quickly.
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  • Profile picture of the author Gh0st4unt3r
    The price increase i have noticed first via godaddy, but it is going round most registrars now, prices for .com will eventually inflate in price as you can imagine how much demand for a .com would be to find the right domain name on top of the registrars wanting to make a bit of profit on top.
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