.info, .biz and .org domain names

[<ccooper989@xxxxxxxxxxxxx>]

To the ICANN Board,

The proposed TLD Registry Renewal Contracts for .info, .biz, and .org domains 
have a seriously 
flawed component whereby a registrar will be able to set arbitrary rates 
without price caps at 
whatever the market will bear. This will create a financially devasting impact 
on the business models 
of millions of domain and web site owners worldwide.

The impact will be especially damaging to .org and .info domain owners and site 
operators who for 
the most part use .org and .info domains for non-profit, charitable 
organizations, and educational 
purposes.

Hundreds of billions of dollars have been invested into the core domain name 
infrasctructure of the 
Internet with the secured expectation that acquiring, owning and maintaining 
domains would always 
be affordable and make economic sense for a long term investment.

To enable and facilitate a way for registrars to financially exploit and gouge 
the marketplace would 
not only be a business tragedy, but it goes against the grain of all the base 
principles upon which the 
Internet was conceived. It would certainly deter new entrepreneurs from 
considering venturing onto 
the Net if there is no certainty what their site's URL location will be costing 
them each year they 
renew. And the vast multitude of current domain owners and web site operators 
would close up 
shop if their costs of doing business skyrocketed on every domain they own.

Even more importantly, this flaw would give an unfair economic advantage to 
individuals and 
corporations who have substantial capital resources who could outbid less 
fortunate and startup 
entrepreneurs with limited capital.

And inevitably, there would be a tidal wave of costly and time consuming 
lawsuits and litigation that 
ICANN itself would have to deal with from the millions of impacted domain 
owners.

Thus, I respectfully request that you reconsider and reconstruct the contracts 
and remove this no 
price caps clause completely.