DNS is an industry that has a race to bottom in terms of quality and price, and will generally avoid any costs in order to keep as much of the small margin they get between the costs from the TLD and the end user price. For many registrars and domains the margin sits around $0-1 per domain and year, and the real profit comes from uppsells and dark patterns that hikes up the price until the customer manage to leave.

High-end registrars that focus on portfolios and brand management generally do have any kind of authentication that the customers want, and the price will reflect that. Costumers are not just buying the service of a middle man that acts as a go-between the TLD and the domain owner.