Verisign has added a 7% to .COM domain prices, and a 10% to .NET.
Although i have no idea why, the change has instantly shown on all low cost registrars.
Sureley, the registrars that charge you $35 for a .COM bundled with the prestige of being there customer didn’t have to increase there prices.
Prices direct from Verisign have changed as follows
Verisign used to provide .COM to registrars at $6.86, now it is provided at $7.34, the .NET used to cost $4.23 and is not at $4.65
or if you like, this one is direct from Verisign “VeriSign announced that as of July 1, 2010, the registry fee for .com domain names will increase from $6.86 to $7.34 and that the registry fee for .net domain names will increase, from $4.23 to $4.65. ”
But low cost domain providers DID increase there prices, here are a couple of examples.
GoDaddy.com .com domains from $9.99 to $10.69 (7%)
GoDaddy.com .NET domains from $7.49 to $8.99 (20%)
vcheapdomains.com .COM domains from $7.99 to $8.49 (6.25%)
vcheapdomains.com .NET domains from $6.49 to $7.49 (15.4%)
Verisign increased there prices on October 1st 2008
A yearly increase in .COM and .NET prices is not surprising, as in 2008 the ICANN and Verisign revised agreement allows for Verisign to raise rates by 7% every year of their new contract and grants them a presumptive renewal of that contract.
So basically, in 2 years, Verisign can raise there prices by 14%, and no one can stop them.
Not long ago there were plans to take the .NET tld from verisign, but in court, big companies like IBM, Microsoft, and others testified that VeriSign is one of the most capable companies, and that the ICANN should renew the .NET contract, and so they did.
In any case, there is plenty of news about the new TLD system, and we will have to wait and see if any of the new TLDs will be of any real competition to the .COM and .NET