Return to tldapps Forum - Message Thread - FAQ

Username: cgrady
Date/Time: Sat, October 14, 2000 at 7:43 AM GMT
Browser: Netscape Communicator V4.75 using Windows NT
Score: 5
Subject: A general question to ICANN

Message:
 

 
If a company that has previously enjoyed a domain name monopoly joins 18 other companies in an application for a highly sought after TLD and each of those companies has contributed $50,000 to the organization which submitted the application, giving each member 5.2631% ownership of the company and a gross of $950,000 USD, What prevents the former monopoly partner from buying out those 18 other partner companies and thus creating a bigger monopoly, or providing several million of it's own money in first round venture cap. thus being issued more stock and increasing its ownership from 5.2631% to some majority percentage.

What keeps the monopoly from taking over the entire new TLD completely?

Furthermore, what would it mean if they added this to their application: Partnership with Tucows as back-end provider terminates, Afilias assumes full control of registry ops

Kind Regards,
Chris Grady
President
Vieodata, Inc.

 


Message Thread: