Technology content trusted by users in Australia and around the world.
4,965 Articles | 29,991 Posts
Select Your Edition:  
Tweakipedia
A wealth of
tech information!

AU EditionYou are located: Home > All News > Internet & Websites News > Verisign prevented from raising .com pricing without approval

Verisign prevented from raising .com pricing without approval

By: (more) | Internet & Websites News | Posted: Dec 2, 2012 5:09 am

The operator of the .com registry, Verisign, has just signed a new contract with the U.S. Commerce Department. The new contract has terms that stipulate that the company can not raise fees for .com registration unless the Commerce Department approves of them. The latter say they plan to only approve increases for "extraordinary expenses related to security or stability threats."

 

verisign_prevented_from_raising_com_pricing_without_approval

 

The price increases will be prevented until 2018. Verisign has raised prices, sometimes by as much as 7 percent, four out of the past six years. The current price is at $7.85 per year and is likely to remain at or close to that amount. Ironically, the similar .net TLD is only $5.86 to register, even though they require the same technology to operate.

 

The key difference is that .net is a far less popular TLD than .com. This is strictly a case of supply and demand as opposed to any sort of operational cost difference. "This is an important event that provides certainty and sets a clear direction for the company," Jim Bidzos, Verisign's CEO, said in a prepared statement.


SOURCE #1

Related Tags



Further Reading: Read and find more Internet & Websites news at our Internet & Websites news index page.

TweakTown News RSS FeedDo you get our news RSS feed? Get It! Got a news tip? Tell Us!

Post a Comment about this news



Check out our
RSS feeds!
  • Upcoming Content: Western Digital Scorpio Blue (WD5000LPVT) 500GB HDD Review
  • Upcoming Content: Scythe Mugen 4 Tower CPU Cooler Review
  • Upcoming Content: NZXT Grid 10 Port Fan Hub Review
  • Upcoming Content: Western Digital My Passport Edge for Mac 500GB External HDD Review
  • Upcoming Content: PQI Air Card 4GB Wi-Fi SDHC Review
  • Upcoming Content: LaCie CloudBox 1TB Personal NAS Review
  • Upcoming Content: Star Trek: The Next Generation - Season Three (1989) Blu-ray Review
  • Upcoming Content: Whatever happened to Comodo Time Machine?
  • Upcoming Content: MyDigitalSSD BP4 240GB mSATA Review


Internet & Websites News Posts

View More Internet & Websites News Posts


TweakTown Web Poll

Question: What new stuff are you most excited to see at Computex Taipei 2013?

Cases, Coolers & PSU’s

CPU's

Gadgets

GPU's & Video Cards

Keyboards & Mice

Laptops, Tablets & Phones

Motherboards & Chipsets

New Tech

SSD's & Memory

Booth Babes

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Internet & Websites Press Releases

View More Internet & Websites Press Releases