Re:Ask HN: ICANN charges only 18¢ per domain name, why am I ...
by PhantomGremlin on Friday December 18, 2015 @05:45PM
(#10761490)
Someone is in VRSN pocket
This has been under-discussed in this thread. But looking to "government" (nee ICANN, nee Dept of Commerce) for help is not the answer, rather it's more the problem.
A while ago we had this headline about a no-bid contract awarded to Verisign. I don't know about recent developments, but a while ago this was an ongoing thing.[1]
Appeals Court Reverses & Allows Suit
Against Verisign To Go To Trial:
This Is A BIG Deal
You can bet there are people getting rich off of this. E.g.:[2]
Under the current contract, which expires Friday,
VeriSign was guaranteed four price increases
of up to 7 percent each on domain name registrations
There's chutzpah for you. Verisign was demanding more price increases to run infrastructure that has historically had crazy price deflation associated with it.
This has been under-discussed in this thread. But looking to "government" (nee ICANN, nee Dept of Commerce) for help is not the answer, rather it's more the problem.
A while ago we had this headline about a no-bid contract awarded to Verisign. I don't know about recent developments, but a while ago this was an ongoing thing.[1]
You can bet there are people getting rich off of this. E.g.:[2] There's chutzpah for you. Verisign was demanding more price increases to run infrastructure that has historically had crazy price deflation associated with it.[1] http://www.thedomains.com/2009/06/05/appeals-court-reverses-... [2] http://www.nwherald.com/mobile/article.xml/articles/2012/11/...