[Comments-com-amendment-3-03jan20] Keep a cap on domain name registration prices

[Chan Meng Chong]

ICANN's new agreement with Verisign will allow Verisign to increase wholesale prices for .com domains every year, allowing .com wholesale domain prices to grow by more than 70% over the next decade.  This makes .com domains less accessible and more expensive for businesses.  Please keep price increases to no more than inflation levels.

Also, can ICANN please share what it plans to do with the additional $20m that Verisign has agreed to pay ICANN over the next 5 years please?  Could this $20m be a key reason for the planned increase in .com prices?  How will ICANN spend this additional money, and who will ensure that it is channelled towards domain infrastructure?

Thank you.

Yours Sincerely,
Chong Chan Meng

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