You might have to pay a lot more for your .org and .info domains in the future.
Domain name overseer ICANN has proposed new contracts for the .Org and .Info registries that would eliminate price caps on the domain names. Under the terms of the new agreements, .Org operator Public Interest Registry and .Info operator Afilias could increase prices on registrations to an unlimited amount, provided that they give advance notice.
The terms are similar to those found in new top level domain name agreements that have resulted in some registry operators jacking up prices as much as 30x. While those cases were for little-used domains, .Org currently has 10 million domains under management.
In announcing the proposed contract, ICANN stated:
In alignment with the base registry agreement, the price cap provisions in the current .org agreement, which limited the price of registrations and allowable price increases for registrations, are removed from the .org renewal agreement. Protections for existing registrants will remain in place, in line with the base registry agreement. This change will not only allow the .org renewal agreement to better conform with the base registry agreement, but also takes into consideration the maturation of the domain name market and the goal of treating the Registry Operator equitably with registry operators of new gTLDs and other legacy gTLDs utilizing the base registry agreement
The protections for existing registrants are basically the right to renew their domains for up to 10 years in advance at current prices.
ICANN’s language will likely be cited by Verisign in future price increase requests.
The current contract allows Public Interest Registry and Afilias to increase wholesale prices by 10% per year.
ICANN also added Uniform Rapid Suspension to the contracts.