I strongly oppose this amendment.

Giving the benefit of doubt that perhaps there are some good intentions within it, granting VeriSign the ability to increase the wholesale price of .COM domains by 7% annually is ridiculous.  After the first increases, the price would be 31% higher than today.  Then, presumably after a two year hiatus, another series of 7% increase could be piled on top.  Rinse and repeat…

ICANN and VeriSign are supposed to be working for the public good, but this type of monopolistic pricing will result in less Internet availability for individuals and companies.  This is definitely not in the public interest.