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OECD supports TLD auctions
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I'm not confused.
"Your comments about having a domain name you currently own "auctioned out from under you" are complete fantasies, no one is proposing that.
Take a look at .tv, and how it operates TODAY. Is that a fantasy? Go to www.games.tv and see what the registration price is TODAY, and compare that to the price of gsjkfgfkjhjkhgjsf.tv. The OECD paper wrote about Revenue Maximization explicitly on page 44, and in following pages. Price discrimination as a policy of a winner who bid $50 million/yr to run .net would be sought by the new operator, unless that was specifically forbidden.
The devil is ultimately in the details of the proposed auction. My background is economics, so I favour market-based approaches. But, I do recognize the abuse monopolists are capable of (and guilty of as seen by the incumbent registry VeriSign), and price-discrimination is definitely possible if left unchecked -- how else does one explain the $100,000 per year registration price of games.tv today? If it's a "lowest price to the consumer wins" mechanism, there'd be no argument.
Some of us own extremely valuable domains, and you can be certain that the registries would be licking their chops if it was possible to charge us more for the "privilege" of owning them.
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