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Re:Why I Voted to Sell .ORG by agwa on Thursday November 28, 2019 @10:12AM (#21657839)
In practice, this says the same thing. There's no reason for registrars not to let their customers lock in the low price for 10 years. There's stiff competition among registrars and their margins on domain name sales are razor thin. They make their money by selling various add-on services. It's better for them if registry prices are low because that encourages people to buy more domains, and thus more add-on services.

For example, Namecheap came out strongly against removing .org price caps: https://www.namecheap.com/blog/ensuring-icann-keep-domain-pr...

Re:Why I Voted to Sell .ORG by lacker on Thursday November 28, 2019 @11:23AM (#21658410)
The registrar can simply raise the registration price of Wikipedia.org to a million dollars a year, and keep the random ones the same price, to extract any value from .org websites that rely on their domain name. The 10% a year is not a legal commitment, just an easily breakable informal promise.
Re:Why I Voted to Sell .ORG by agwa on Thursday November 28, 2019 @09:26PM (#21661523)
If their registrar did that, Wikipedia would change registrars to one that didn't - and they'd be able to keep their .org. There's competition among registrars, unlike registries.
Re:Why I Voted to Sell .ORG by simonh on Thursday November 28, 2019 @11:29AM (#21658474)
Their margins on new domain sales are thin, but the cost of changing domain names for a big owner of a prestigious .org domain could be huge. So jack up the renewal price to gouge existing domain owners, then drop the prices again to entice in new registrants.
Re:Why I Voted to Sell .ORG by femto113 on Thursday November 28, 2019 @12:53PM (#21659058)
Or follow the model of banks profiting off of debit cards by charging exorbitant fees for common mistakes. They didn't need that a high percentage of their customers to pay overdraft fees before they were making billions. Forget to renew your domain on time? No problem, we've held on to it for you, just please pay this $150 "redemption fee".
Re:Why I Voted to Sell .ORG by agwa on Thursday November 28, 2019 @09:28PM (#21661531)
If a registrar did that, the .org domain owner would change to a better registrar, and they'd be able to keep their .org domain. There's competition among registrars, unlike registries.