Most of you are likely to have already heard something about Verisign planning to increase fees for .com and .net domain registration. New fees are to come into force on July, 1 2010 and are going to make 7% increase for .com domain registration and 10% increase for .net domains. The official announcement was published by Verisign a half a year ago on the 17th of December, 2009 but it seems to come into consumers' concern only now.

Impact And Reaction

Though Verisign is not a domain registrar, they managed to prompt global price increase among their investors, sponsoring registrars and their resellers. However, if the prices announced by Verisign are expected to be $7.34 for .com domains and $4.65 for names with .net TLD, some domain name registrars have already sent .com/.net prices up to $15.

Beside this, the price increase did not cause the chain reaction, so the price for other TLDs is not going to be changed. This means that anyone will be able to register domain names with different extensions for a lesser price.

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