[Comments-com-amendment-3-03jan20] Proposed Amendment 3 to the .COM Registry Agreement
In an era in which the cost of domain names should be declining, due to everything being automated, I recently discovered that the price of .com domains will soon be going up by 7% most years. This far exceeds the rate of inflation and represents an additional tax of approximately $400 on my portfolio of .com domains during just the first year. For a small business owner like myself this is a significant burden. Should Amendment 3 not be rescinded, I will be writing my congressman, senator, and President Trump, urging the U.S. Department of Justice to initiate an antitrust lawsuit against ICANN and the Verisign monopoly. What ICANN should be doing is putting the .com registry up for bid. I¹m sure that there are many competent companies, such as GoDaddy, who could deliver this service at a much lower cost to the end user. This would benefit millions of users instead of only ICANN and Verisign, which have effectively been given a license to steal. Do not underestimate the power of millions of .com domain owners, when they speak in unison. Sincerely, Wayne Buckholdt Owner of MindPal LLC
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Wayne Buckholdt