Dear Sir/Madam,
From what I understand the proposed changes will mean that .COM wholesale domain prices can grow by more than 70% over and above current prices over the next decade. The contract also allows for other price increases, which could drive prices up further, ultimately making .COM domains less accessible and more expensive for everybody.
Alongside these contract changes, I understand that Verisign has agreed to pay ICANN an additional $20 million dollars over five years to support ICANN's domain name system initiatives, without any clarity about how ICANN will spend the money, or who will ensure that the funds are properly spent on domain infrastructure.
Overall, it doesn't sound like a good deal for consumers but instead a good deal for Verisign and ICANN.
Yours faithfully,
Matthew Lilley
My PGP Public Key Identity
pub 2048R/76552385 2018-03-20 [expires: 2020-07-31]
Key fingerprint = 1EB5 F55E 6C5E 5A90 7732 8EBB 5E72 058C 7655 2385
sub 2048R/0C7A597A 2018-03-20
Public key available to download from here