Domain Name Registry (VeriSign): The price of .COM domain names will continue to increase on September 1st!

VeriSign announced that based on the agreement with ICANN, starting from September 1, 2023, the cost price of global .COM domain names will continue to increase.

Verisign, the domain name registry for .COM, reached an agreement with the U.S. Department of Commerce in 2018, allowing them to increase prices by 7% each year for the next ten years in order to prevent Verisign abused its monopoly position and ICANN capped fees.

ICANN allows Verisign to increase its price by 7% every year during the four years from 2020 to 2023, stop for two years, and then start a cycle again, and then between 2026 and 2029, the price will increase by 7%. Price increases of 7% per year for 4 years.

In addition to .COM domain names, VeriSign is also increasing the price of .NET domain names. The increase in domain name prices has become unstoppable. Domain names have become more and more expensive in recent years, but they are still the same. The domain name renewal limit is 10 years, please remember to renew in advance.

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