Since 2012, .com domain prices have been sitting at $7.85, but ICANN who is responsible for overseeing top-level internet domains is right in the middle of a new agreement with Verisign who has a contract to oversee .com domains. In this new agreement, Verisign will be allowed to increase the price of .com domains by up to 7% every year for the next 10 years. Excluding the years 2024 and 2025.
ICANN isn’t the ones forcing the hand of Verisign, they come from a present agreement between Verisign and the Commerce Department which also has a finger in overseeing .com domains and their prices. According to a blog post by ICANN CEO, Goran Marby, ICCAN is “not a price regulator and defers to the U.S. Department of Commerce and the U.S. Department of Justice for the regulation of pricing for .COM registry services.”
https://www.tweaktown.com/news/70599/com-domain-prices-to-rise-7-every-year-for-the-next-10-years/index.html
origin - https://www.pipiscrew.com/?p=16994 com-domain-prices-to-rise-7-every-year-for-the-next-10-years