NEW YORK, NY – Two things happened on November 1, 2018, when the National Telecommunications and Information Administration (NTIA) announced it would renew its Cooperative Agreement with Verisign while removing price caps on fees it charges registries: Verisign’s stock (VRSN) shot up $25 per share in a single day (then levelling off at still a healthy gain), Verisign came out blasting domain industry participants, calling them “Domain Scalpers” near suggesting that … [Read more...]
Verisign Receives Regulatory Approval to Raise .COM Prices; Restrictions Deleted
NEW YORK, NY – Although many had hoped it wouldn’t happen, Verisign (NASDAQ: VRSN), the company behind the registration and creation of .COM domain names, has been given the virtual green light by the US Government to raise the price of .com domain names by 7% in each of the last four years of a six-year incremental contract. Late Thursday, news broke that the “Cooperative Agreement”, an agreement between the National Telecommunications and Information Administration … [Read more...]
