How is this anything but rent seeking on the part of Verisign? Edit: not surprised how this got regulatory approval... https://www.politico.com/news/2022/04/09/website-domain-more...
> How is this anything but rent seeking on the part of Verisign? While I generally agree with you --this smells like potential rent-seeking--, in order to be able to conclusively label it as such we have to know about the real cost structure that drives a company like Verisign. All of that information is here: https://investor.verisign.com/financial-information/annual-r... I wish I had the time to dive into this. I j…
So far I've seen them hand waive about inflation and "demand for domains".
As of 2022, their operating margin was about 65%... That doesn't indicate a company that needs to increase prices.