To whom it may concern, I have been recently made aware that ICANN and Verisign made changes without consulting or incorporating feedback from the ICANN community or Internet users. As an owner and user, I can admantly say that the changes proposed in their contract are outrageous and will have a massive negative impact on the Internet as a whole. For starters, the ten year annual 7% price increase is absurd. Moreover, the contract allows for other price increases for certain extraordinary situations. This is completely unacceptable, as this has the potential to skyrocket the price. This lack of regulation, places too much power in the hands of these two parties, with no real benefit to the community or Internet users around the world. Moving on, the contract also references Verisign agreeing to pay ICANN an additional $20 million dollars over five years to support ICANN’s initiatives regarding the security and stability of the domain name system. Why is Verisign doing this? How will ICANN spend the all this money? And who will ensure that the funds are properly spent? Again, this is completely unregulated and it needs to be corrected to the negative impact this will create. This nex tpoint is about how the new contract will allow Verisign to operate its own registrar, except for selling .COM domain names. But to circumvent this, Verisign is allowed to act as a reseller of .COM domains, through another registrar. Effectively, the company that controls 80% of domain names will also compete with domain registers and maximizing their control of domain name pricing to the detriment of other competing registrars. This might result in lower prices to consumers, but having fewer registrars will harm competition, choice, and domain name services. Verisign’s registrar could also use its position to charge higher prices to consumers, and at the same time raise registrar prices. Once again, this needs to be regulated before the industry is monopolized. Lastly, as detailed on "Standing Up to ICANN to Keep Domain Prices in Check" and "pricecaps.org," over 3,500 comments were submitted in support of price controls for the .ORG, .INFO, and .BIZ TLDs. Only six comments supported removing price controls. ICANN discounted the comments that were in favor of maintaining price caps. A number of the comments were submitted using an online tool, which caused the comments to be discounted as “spam” by the ICANN Ombudsman. ICANN removed the price caps, primarily relying upon a biased preliminary analysis from 2009 by an economics professor that did not reference any data. This unethical behavior behavior is in direct retaliation of those looking to keep the price caps, which only further evidences the need to regulate the actions of this party. The changes in the contract between ICANN and Verisign is appalling and insulting to the entire internet community. This agreement is completely out of line and needs to be corrected. Otherwise, this will cause harm to the Internet as a whole. Regards, Sohrab