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Verisign is to serve as the registry operator for .com from December 2012 through November 2018, with new terms and conditions, including:
 
Verisign is to serve as the registry operator for .com from December 2012 through November 2018, with new terms and conditions, including:
 
* Verisign's current pricing of $7.85 per domain name registration will remain unchanged for the next six years;
 
* Verisign's current pricing of $7.85 per domain name registration will remain unchanged for the next six years;
* Verisign no longer holds the right to increasing prices up to seven percent over the six-year term, as new price increases will be circumstancial and subject to Commerce Department approval.<ref name="verisign3"></ref>
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* Verisign no longer holds the right to increasing prices up to seven percent over the six-year term, and all new price increases will be circumstantial and subject to Commerce Department approval.<ref name="verisign3"></ref>
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Those who benefit most from the prize freeze include consumers, those who purchase .com domain names in bulk, brand owners who maintain expensive defensive registrations, and registrars who no longer need to pass on cost increases to their consumers.<ref>[http://domainincite.com/11176-winners-and-losers-in-the-new-com-pricing-regime Winners and losers in the new .com pricing regime], DomainIncite.com. Published 30 November 2012.</ref>
    
"Consumers will benefit from  Verisign's removal of the automatic price increases," said [[Larry Strickling]] of [[NTIA]]. "At the same time, the agreement protects the security and stability of the Internet by allowing Verisign to take cost-based price increases where justified."<ref>[http://www.ntia.doc.gov/press-release/2012/department-commerce-approves-verisign-icann-com-registry-renewal-agreement Department of Commerce Approves Verisign-ICANN .com Registry Renewal Agreement], NTIA.doc.gov. Published 30 November 2012.</ref>
 
"Consumers will benefit from  Verisign's removal of the automatic price increases," said [[Larry Strickling]] of [[NTIA]]. "At the same time, the agreement protects the security and stability of the Internet by allowing Verisign to take cost-based price increases where justified."<ref>[http://www.ntia.doc.gov/press-release/2012/department-commerce-approves-verisign-icann-com-registry-renewal-agreement Department of Commerce Approves Verisign-ICANN .com Registry Renewal Agreement], NTIA.doc.gov. Published 30 November 2012.</ref>
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Those who benefit most from the prize freeze include those who purchase .com domain names in bulk, brand owners who maintain expensive defensive registrations, and registrars who no longer need to pass on cost increases to their consumers.<ref>[http://domainincite.com/11176-winners-and-losers-in-the-new-com-pricing-regime Winners and losers in the new .com pricing regime], DomainIncite.com. Published 30 November 2012.</ref>
      
If [[ICANN]]'s [[new gTLD]] program becomes successful and "market power" is removed from .com's, Verisign believes that all price caps on .com's could be lifted as early as 2014.<ref>[http://www.thedomains.com/2012/11/30/verisign-if-new-gtlds-are-successful-we-might-be-able-to-lift-all-price-caps-on-coms/ Verisign: If New gTLD’s Are Successful We Might Be Able To Lift All Price Caps On .Com’s], TheDomains.com. Published 30 November 2012.</ref>
 
If [[ICANN]]'s [[new gTLD]] program becomes successful and "market power" is removed from .com's, Verisign believes that all price caps on .com's could be lifted as early as 2014.<ref>[http://www.thedomains.com/2012/11/30/verisign-if-new-gtlds-are-successful-we-might-be-able-to-lift-all-price-caps-on-coms/ Verisign: If New gTLD’s Are Successful We Might Be Able To Lift All Price Caps On .Com’s], TheDomains.com. Published 30 November 2012.</ref>
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