Like A Good Monopoly, Verisign Is There

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Monopoly isn’t just a boardgame for kids, its a great business to be in! ICANN, the international regulator of domain names gave Verisign complete control over all .com names.

Any registrar such as godaddy.com, enom.com or registerfly.com has to buy their names from Verisign at whatever cost Verisign sets. There is no other provider. They increased the price 7% instantly booking $27 million in new revenue.

Fun!

Anyone want to bet on another 7% increase next year?

Read more at TechCrunch.

3 Responses to “Like A Good Monopoly, Verisign Is There”

  1. Luke U. Says:

    *applauds*

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