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Rate agreement protest!
- To: biz-tld-agreement@xxxxxxxxx
- Subject: Rate agreement protest!
- From: Jerry Nolte <jerry@xxxxxxxxxxxxxxx>
- Date: Mon, 28 Aug 2006 10:47:55 -0400
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To the ICANN Board,<br>
<br>
The proposed TLD Registry Renewal Contracts for .info, .biz, and .org
domains have a seriously flawed component whereby a Registry will be
able to set arbitrary rates without price caps at whatever the market
will bear. This will create a financially devastating impact on the
business models of millions of domain and web site owners worldwide.<br>
<br>
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.<br>
<br>
Hundreds of billions of dollars have been invested into the core domain
name infrastructure 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.<br>
<br>
To enable and facilitate a way for registry's 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.<br>
<br>
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.<br>
<br>
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.<br>
<br>
Thus, I respectfully request that you reconsider and reconstruct the
contracts and remove this no price caps clause completely.<br>
<br>
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