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A comment on Ask HN: ICANN charges only 18¢ per domain name, why am I paying $10?. Parent comment

Re:Ask HN: ICANN charges only 18¢ per domain name, why am I ... by lfx on Friday December 18, 2015 @01:23PM (#10759953)
Interesting, EU domain fee for Eurid is 4 Euros (~4.33 USD) [1]. And it is non profit organisation. So Verisign margin should be ~3.5 USD? It is good to have monopoly...

P.S. I pay 5 Euros per domain in total, my domain provider takes 1 Euro, would say fair price.

[1] https://www.eurid.eu/en/registrars/become-eu-registrar/prepa...

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Re:Ask HN: ICANN charges only 18¢ per domain name, why am I ... by arcdigital on Friday December 18, 2015 @03:29PM (#10760733)
Non profit doesn't mean they don't make any money... Non profit means that the extra money they make is used to further the goal of the nonprofit (instead of being paid out to the investors/owners). I doubt Eurid is only charging what it costs them to run the registry.
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