Digital Literacy

.com prices could rise for the first time in eight years

The Verge is reporting that ICANN (Internet Corporation for Assigned Names and Numbers) is close to granting final approval for a a series of price hikes.

As they indicate, the price that registrars pay for .com registrations has been frozen at $7.85 US since 2012. End-consumers incur a higher price for .com domains upon registration, but under the proprosed agreement, the price could rise to nearly $13.50 US over the next ten years. This agreement allows Verisign, the .com domain registry, to raise the price by upto 7 percent per year over most of the next decade.

ICANN’s agreement with Verisign isn’t final just yet. A public comment period closes on Friday, and then a final report is due in March.