Last Updated on December 3, 2019 by Christopher G Mendla
The new draft of the ICANN regulations has the potential to allow the registrars to charge exhorbitant fees for domain name renewals.
Under the current system, .com domain names are subject to price controls. Under the proposed system, there is the possibility of a nightmare scenario where someone could work like crazy to build a website and domain up and then find that the registrar wants hundred of thousands or millions of dollars to renew that domain name. Supposedly you can lock in the pricing for up to 10 years. However is is obvious that 10 years is simply too short of a timeframe.
There is an excellent discusssion about this at webmasterworld.com . It explains the issue and what can be done.
The call to action is
1. Go to the webmasterworld discussion and read up on the problem.
2. Send a comment to Icann stating that you are against the removal of price controls of gTLDs. Scroll down and you will see the email addresses you can use. I used the second one about Module 1.
It is imperative that we get as many comments into Icann as possible. NOTE – when you email them they will send you an email ‘stop spam’ confirmation. Please be sure to look for that in your inbox otherwise your comment won’t count