New contract concens
Dear ICANN Board, If a Registry can set "market prices" for .biz, .info, .org (ie. $500 or 1 million per year for cars.org or Google.org etc.. ), What is to stop Verisign from doing the same with .com/net in 2012? We already saw lawsuits fly with a modest increase WITH a cap. Differential pricing could run afoul of trademarks, intellectual property and tax economic growth. If a Registry charges a higher renewal fee for a trademarked domain, then is the Registry extorting value from someone's trademark? Are they infringing? I think people on both sides of the fence need to be concerned. Start asking, "Just how will the Registry set prices? Will the Registry infringe on YOUR trademark? " The Registry may even start asking itself, "Wow. Did not think of that. How will we avoid getting sued if we charge more to a trademark holder." In addition these contracts do not specify how the Registry will set domain specific pricing. These contracts, therefore, do not rule out the possibility that the Registry could hold auctions for domains for your own website. You could find yourself having to bid to keep the name of your own website. ALL of your businesses could be in serious jeopardy. This is simply OUTRAGEOUS. To enable and facilitate a way for a Registry 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 web site operators would close up shop if their costs of doing business skyrocketed on every website 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 and website owners on every level. ICANN has been trusted to do right by everyone concerned not to help Registries line their pockets at the expense of EVERY website owner on the net. I hope you folks realize what a can of worms this will open? I PRAY that you are reading these posts and understanding the valid and important points that are being made. Thus, the World Association of Domain Name Developers Inc. respectfully and strongly requests that ICANN reconsider and reconstruct the contracts and remove this no price caps clause completely. Thank you for your consideration! Rick Schwartz President & CEO World Association of Domain Name Developers Inc.