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||Tue, October 2, 2001 at 10:51 AM GMT
||Microsoft Internet Explorer V5.5 using Windows 98
||Don't get confused Freddy boy
To clear up your confusion: I didn't say there is anything wrong with businesses
making money. My point was to disagree that New.net are some kind of noble organisation
whose main aim is to try to benefit the internet community. As you correctly point
out their only interest is money.|
Whether they do it in a fair and decent way was
not part of my analyis, but since you brought it up I will comment on it. They have
a monolpoly on their own naming system, enabling them to make supernormal profits.
If other organisations were competing with them, they would feel pressure to reduce
their $35 per year reg fee. Arguably all unregulated monopolies are unfair since
they charge above the level it would cost the consumer if there was competition in
the market, hence they are abusing their position.
The $35 arguably represents
poor value for money compared with cheaper domains which are accessible to all, although
there is of course the advantage of a lot more possible names available.