I concur completely with the position so eloquently stated by Mr. Kirikos.
Allowing a 10% annual increase of these fees amounts to something more akin to ICANN-endorsed vigorish than anything remotely resembling 'stewardship.'
Another anti-competitive money-grab by ICANN and registrars. And this on the heels of the recent NTLD debacle.
It is truly time for anti-trust intervention.
Patrick Quinn