Maybe Hover could've bought the domain themselves when close to the expiration date to secure the lower price, but then if the customer decides to let the domain go it would be they holding out the bag.
You’re making money as a middleman, you accept the risk of a middleman.
And registrar isn't aware of premium domain pricing (at least for that TLD).
But because they said the price was x and not 100x, but then charged 100x, there is a real problem.
It would be nice to get an email specifically about the price change not just the auto renew but that's hardly a rug pull.
Ooops, says the grocery store: Coca-cola raised the prices, not me.
The price will fluctuate, but this is on another level, and deceptive since they had already stated what the price would be.
Yeah probably? [edit: no, see below]
You go on amazon 7 days before renewal, check your subscriptions, see it's $10. 7 days later it's no longer sold by amazon and the only other seller selling it is a scalper that charges $30. The only difference the order of magnitude, not whether price changes can happen.
https://www.amazon.com/gp/help/customer/display.html?nodeId=...
> The price of the item may decrease or increase between deliveries, but will never be higher than the price shown in your reminder email.
I sometimes get "item available" cancelations for this reason. The items are always available, just not at that price.
This can big companies too, FWIW. Cisco were in violation of the GPL over the WRT54G, which resulted eventually in the release of OpwnWRT. Well, Cisco weren't the entity which actually caused that fault; the chip vendor was, as they were the ones who used the linux kernel without releasing the source. That is not a valid reason to violate a licence.