In 2014 the Obama Admin decided to cede control of ICANN.
ICANN is run like a classic Italian mafia org, with corruption at every level and zero accountability.
This year the Trump Admin rubber stamped a price increase on .com because.... reasons?
The price of domains should trend down. not up. This is a classic case of regulation being abused by those in power to give each other a bonus.
Running a global address book has gotten cheaper and easier with automation and yet we're allowing these orgs to just increase prices willynilly instead of trying to make internet hosting more accessible.