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It's so utterly obvious that this is not really about "allowing the market to discover prices". For one, obviously, establishing a monopoly does not allow the
by zAy0LfpBZLC8mAC 8y ago
It's so utterly obvious that this is not really about "allowing the market to discover prices".
For one, obviously, establishing a monopoly does not allow the market to discover prices.
But also, if they really wanted the market to discover prices, they would establish a market. Namely, they would allow potential registrars to bid on the yearly registration price, and then give the lowest (qualified) bidder a contract to run the domain for a few years, with that fixed registration price.
As it is, this is like handing over the street network of a city to a private owner "for better prices discovery". It's just crazy.
- ralph84 8y ago> Namely, they would allow potential registrars to bid on the yearly registration price, and then give the lowest (qualified) bidder a contract to run the domain for a few years, with that fixed registration price. This is sort of how it used to work. NSF created and funded InterNIC and contracted its operation to Network Solutions. The cost of registering a domain was $0.