This is what capitalism is: intermediation, rent-seeking and creating a regulatory moat around a monopoly. Some time ago I watched this excellent video on the history of Tetris [1]. The only "innovation" of capitalism in this entire story are layers of licensing agreements. Again: intermediation, rent-seeking and regulatory moats (through intellectual property). A domain is nothing more than a digital record. The cost of providing that service is essentially zero. The cost should be pretty much zero. You'd have to do something about squatting but, hey, that's already an unaddressed problem. [1]: ▶ this video
in “9% price increase for .COM and .XYZ domains starting Sept 1, 2023” · View on HN