Price Controls are Needed...
- To: gtld-guide@xxxxxxxxx
- Subject: Price Controls are Needed...
- From: "URL Names" <urlnames@xxxxxxxxx>
- Date: Thu, 4 Dec 2008 14:17:22 -0500
I want to comment on the language related to price controls on new or
existing tlds. Any extension created with the ability to sell to the public
requires regulated price controls to maintain a stable environment for
domain names and all its related commerce.
The protection that price controls provides is two-fold. One is that it
protects the general domain name registrant against fraudulent pricing
strategies that a registry and its registrars may try to employ. It also
protects the actual registry and it registrars from themselves. Effectively
allowing free reign may create addition situations where an extension
destroys it marketability through tiered pricing schemes.
If Pandora's Box is opened to tiered pricing or no price caps, abuse is most
likely to happen and when it does, a litigious environment will ensue
against the registries and probably ICANN itself. Tiered pricing relegated
to a country code is different than with extensions with business on it with
years of commercial activity vested within it.
If new gtlds are to exist then at least administer them responsibly and to
effect of why your organization is in existence.