Re: Protection Racket
Wut? And completely violate ICANN's business model?
I like this bit-
.. the price caps are an outdated control mechanism in an increasingly competitive market.
Which I guess is from my old-fashioned view of competition. So causing prices to fall, not rise. But caps prevent poor, hard working registrars from implementing an e-auction when it's time for renewal.
Sadly, consumers generally get ignored, eg people in the UK would remember energy prices rising above $100/barrel for oil that isn't used in our generation. Or ask why prices are still rising when gas prices that are used have been falling.