Increasing the domain prices is absurd, It's already expensive enough for 3rd world countries to afford a domain and pay ~12$-15$ each year for renewals.

Increasing the domain prices will affect small business and new independent bloggers/developers who wish to step into the world of blogging/devlopment. Moreover it will affect small businesses to take their business online because it will be expensive more than ever. 

Please understand that there are a lot of areas in this world which already can't afford to pay for domains every year, by increasing the prices you are killing their dreams. 

Please stop this price increase.