ICANN and Verising stitching uo .com?

[temi]

I have received two emails from registrars I used to register .com domains about a proposed settlement between ICANN and Verisign, it not potentially good for .com domain owners, full info about the proposed settlement is detailed in the message below which I received from Tucows:


1. ICANN, Verisign Reach Proposed Settlement
-------------

ICANN and Verisign recently announced a proposed settlement of their
pending litigation. We believe that the current terms of this
settlement will have a direct and negative impact on your business
and your customers. We think you should be aware of the details and
make your views known to all of the organizations that can stop this
decision: ICANN, the United States Department of Commerce, the
United States National Telecommunications Infrastructure
Administration in addition to your local government representatives
and agencies.

Key Points:

* The proposal allows Verisign to increase the price of .com domain
names by 7% each year. Currently, prices are capped.

* The proposal doubles the fees that accredited registrars must pay to
ICANN.

* The cancellation terms would be difficult to implement. Therefore,
Verisign will essentially gain perpetual control of the .com registry.
This effectively eliminates all incentive for Verisign to improve
quality of service.

The entire settlement documents are posted online at:
http://www.icann.org/tlds/agreements...agreements.htm

This settlement agreement may be signed very soon unless the ICANN
Board of Directors hears otherwise from the internet community. We
strongly recommend that you make your voice heard.

Your comments should be sent to each of:

o ICANN: settlement-comments@icann.org
o US Department of Commerce Secretary, Carlos Guterriez:
cgutierrez@doc.gov
o US NTIA, Assistant Secretary: mgallagher@ntia.doc.gov

Citizens of all countries should consider making your views known to
your national governments and agencies as well.

Please keep the following guidelines in mind when sending your
comments:

* State the name of your company, specify how long you have been in
business, what region you are located in and how many registrants you
represent.

* Specify how the negative aspects of this proposal will affect your
business.

* You can review comments made by other stakeholders before
sending in your own at
http://forum.icann.org/lists/settlement-comments/.

Feel free to forward a similar message to your customers, and urge
them to individually post comments as to how this would impact them.

Thanks for your support. If you have any questions about the proposed
settlement, please do not hesitate to contact me directly.

Sincerely,