I oppose these changes. This is an unethical and greedy move allowing Verisign to benefit extraordinarily at the expense of users. A 7% increase a year means that by the end of 10 years I'll be paying at *least* 70% more than current prices for my domains. Price increases may be necessary over time to remain competitive, but that's an absurd inflation rate based on pure greed. On your own website you claim: "ICANN is a not-for-profit public-benefit corporation with participants from all over the world dedicated to keeping the Internet secure, stable and interoperable. It promotes competition and develops policy on the Internet's unique identifiers. Through its coordination role of the Internet's naming system, it does have an important impact on the expansion and evolution of the Internet." This move will demonstrate that you are not, in fact, a "public-benefit" corporation that "promotes competition". Please visit your own website https://www.icann.org/get-started to remind yourselves what your mission is because you seem to have lost your way. If ICANN moves ahead with this, it will prove that it is *NOT* a reputable or trustworthy organisation and that it has failed in its mission to the public and its role in stewardship of the internet with accountability and transparency. I implore you to please remember why your organisation exists and who you are accountable to. Sincerely, Gloria Liang