Senators question .com price increases | CNET News.com
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A long-running dispute over the cost of domain names and VeriSign’s lucrative .com monopoly returned to Capitol Hill on Wednesday, with several U.S. senators questioning the current arrangement as uncompetitive.
Sen. Gordon Smith, an Oregon Republican, asked why VeriSign should have what critics have called a guaranteed perpetual income stream from .com domain registrations. The company currently receives $6 per domain, or about $323.4 million a year, from .com fees alone.
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