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ICANN Removes Pricing Cap on .Org Domain Names

Via The Domain Name Wire:

The Internet Corporation for Assigned Names and Numbers (ICANN), ignoring consumer and industry feedback, has instituted a rule change that will remove pricing caps on domain name registrations processed through the Public Interest Registry – the organization that manages the traditionally non-profit .org domain.

While it is currently  unclear if the Public Interest Registry will take any immediate action towards implementing a new pricing plan, what this means is that many non-profit enterprises could see sudden, and potentially sharp increases in the costs of domain name renewals, and should start planning their budgeting accordingly.

The full article can be found at this link:

Domain overseer lifts all price caps on .Org domain names