NeuStar Inc, (operator and official registry of .biz domains) announce it would raise fees by 7 percent to $6.42, from October 19th. The organisation is"taking this action to align .BIZ domain prices more closely with those of competing global top level domains (TLDs),".

ICANN allowed a 10% annual price increase last year at the registry level when they renegotiated contracts with the registries. Neustar reports 1.7 million names registered, making the .biz the 10th most popular Domain Name globally. In 2000, ICANN approved .biz in the first big expansion of web addresses since the 1980s.