Re: [ga] Re: Increase in renewal fees in bad faith/fraudulent by .NU and .MD domains.
Are you saying that there is nothing the terms of agreement that
says renewals or registration prices cannot change? I would
disagree that increasing prices is illegal. As costs of operation
increase with any company, prices to the consumer increase
accordingly. I do not have any .nu names, but have experienced
price increases with others. That's life. To avoid it, renew for
multiple years, IMO.
> January 19, 2001
> To: ICANN
> To: Bill Semich, .NU Domain
> Re: Increase in renewal fees for domains by .NU and
> .MD Registrars - clearly in bad faith, probably
> fraudulent, "blackmail" type of behavior - that must
> be regulated and prohibited by ICANN, failing that by
> the U.S. Government.
> Hello Bill,
> I've got a big problem with .Nu domains:
> When I and my company first bought some .NU domains,
> we entered into a contract to pay that price ($25) per
> year for as long as we wished to own each domain. We
> did not agree to rent the domains from you, nor to
> give you a blank check to raise the prices in the
> I have recently been informed that you have raised
> prices, and will not allow us to continue to renew
> each year at $25 per year. I believe that this is in
> bad faith, and is a breech of contract, and perhaps
> Please respond as to how you feel you are legally and
> ethically entitled to change your prices for an
> existing customer. This is an issue that must be
> addressed by ICANN and by the U.S. Government. Surely,
> neither .NU nor any other organization should be
> allowed to "hold hostage", as it were, a domain by
> raising the price upon renewal. This is, in our
> opinion, akin to blackmail. We have expended
> considerable resources, including time and money, for
> each of our .NU domains, and we believe it to be in
> very bad faith for you to raise renewal prices. We are
> a "captive audience", indeed much more than an
> "audience" - a customer in face, and you hold a
> monopoly position. The .MD people are trying to do the
> same thing to us, and with a much bigger price
> increase. This kind of fraudulent practice in bad
> faith must be clearly prohibited, and I call on ICANN
> to prohibit this before the U.S. Congress does.
> Matt Hooker
> Strategic Investment Management Inc.
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