Hello and good day. The agreement between ICANN and Verisign to increase the wholesale prices of the .com TLD is just wrong. The burden of these phased increments will most certainly be borne by the end users. The .com TLD is the most common and with more and more of the world's population coming online, a substantial amount of them will need a custom domain for themselves and some for their businesses. Most of these new domains will be of the .com variety. So as it is, Verisign already stands to make more money. It only makes sense for the prices to go lower over time. Unfortunately, with this proposed plan, the reverse is the case. Access to the internet is a fundamental human right. To extend this further, cheap and affordable access to a web domain should be a given; especially for common TLDs. This proposed agreement ensures that this wouldn't happen. Going by this agreement, the only winner is Verisign and to a lesser extent, ICANN. There is no justifiable rationale for the proposed price increments. If it unfortunately comes to pass, the people of the world, the internet economy & ecosystem will suffer for what is effectively a cash grab by Verisign; odiously enabled by ICANN.