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Republican Senators Express Concern Over Renewall of ICANN Contracts With DoC
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I'm repeating what I've said recently under other articles, but for good or for ill, governments sometimes regulate prices. ICANN claims not to be the internet government. By what (and in whose) authority do they then regulate prices? I take it that you are saying that if prices aren't regulated, that VeriSign could use its huge market share to undercut the competition before it has a chance to mature, or alternatively to charge high prices to their somewhat captive customers. I can see those as valid points. If so, let the US government step in and regulate prices, VeriSign is within their reach, regulate their price and allow others to charge what they wish for awhile, monitoring and adjusting as necessary. Or let ICANN do it so the rest of the world doesn't get its nose out of joint, but only under the explicit and open instructions of the USG. That's not a perfect solution either, but at least the USG has a modicum of openness and accountability. Where on opensecrets.org, or anywhere, do we go to find a list of those lobbying ICANN? -g
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I agree that letting VRSN do things like WLS in the current climate will be harmful to competition in the registrar market. But let's not lose sight of why that is: because competition in the registry market is stifled by ICANN. There's something wrong with a body like ICANN exercising price regulatory powers at all -- it has no economic expertise, and even less legitimacy, relevant to the task. And justifying this great error as being necessary due to ICANN's earlier and continuing errors just won't cut it.
This is the classic case of 'two wrongs do not make a right'. And let's not forget the lack of economic expertise. This is a key pragmatic point as well as one of principle.
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