To whom it may concern,

I am strongly opposed to the proposed .com price increase contained within the "Proposed Amendment 3 or the .COM Registry Agreement.".

ICANN sets the price for .COM domains. Verisign is the sole-source supplier of .COM domain names at the wholesale level, giving them an effective monopoly. Verisign charges $7.85 per year to register or renew a .COM domain name each year. Verisign’s costs are estimated at between $2.50 to $2.90 per domain name per year. Everything above that is pure profit.

Verisign already enjoys one of the highest profit margins of any company in the world. A further price increase is not justified. Yet ICANN staff want Verisign to increase prices on .COM registrants by 7% per year from the current $7.85 to $10.26 after four years. This will impose hundreds of millions of dollars of added expense on .COM registrants – simply to benefit Verisign.

ICANN is supposed to act in the public interest and to be responsive to public comment.

Wil G.

Oatmeal Design

(902) 403.4817
P.O. Box 797
Pictou, NS B0K 1H0

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