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[IP] more on ICANN lifts price caps on .NET registry fees





Begin forwarded message:

From: Karl Auerbach <karl@xxxxxxxxxxxx>
Date: July 4, 2005 7:07:51 PM EDT
To: Bret Fausett <fausett@xxxxxxxxx>
Cc: David Farber <dave@xxxxxxxxxx>
Subject: Re: [IP] ICANN lifts price caps on .NET registry fees
Reply-To: Karl Auerbach <karl@xxxxxxxxxxxx>



On Mon, 4 Jul 2005, David Farber wrote:


As you probably recall, back in 1999 when ICANN finally brought
Network Solutions under its authority, ICANN imposed a $6/registration
cap ...


It wasn't a price cap, it was a price floor. It was a fee that Verisign received per name per year from registrars. There was no mechanism in the contract to reduce that fee no matter what the actual costs of providing the registry service might be nor where there incentives to induce Verisign to drive down those costs.

The absence of any reality about this fee was one of the reasons why I voted against the ICANN-Verisign contract in the first place.

That $6 amount because a fixed cost component for every domain name in .com/.net for every year - and with the number of names in .com/.net the amount of that cost component amounted to several hundred million dollars per year drawn out of the pockets of consumers.

There is no reason to believe that this new "cap" will be any different. The only thing that seems to have changed is the total number (reduced), the size of the ICANN portion (increased), and an the removal of the prohibition against changing the rate.

The new price "cap" includes a $0.75 per name per year ICANN fee. That is a pretty substantial tax, especially when considered as a percentage of the registry fee of $3.50 - roughly 20% . Why should consumers be paying such an exhorbinate tax on things that harm consumer interests (e.g. the privacy-busting "whois" and ICANN's pro- trademark UDRP), particularly given the exclusiong of the consumer of domain names from those parts of ICANN that actually make decisions?

Given that ICANN still arbitrarily precludes the creation of long term contracts in which name buyers can lock-in terms, there still remains the confiscatory potential to which you (Bret) allude.

This continues ICANN's tradition of price fixing - it was nothing less than that. And this price fixing is only one part of ICANN's non-technical doings. When compared with the virtually nothing of a technical nature that ICANN has done, this "change" merely reduces the percentage of ICANN's non-technical to technical jobs from 100% : 0% to 100% : 0%.

        --karl--





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