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<p class="MsoNormalCxSpFirst">ICANN and Verisign Inc. in the new
world
(information age) of the internet sound very much like the
railroads in the old
world (industrial age). Both ICANN and Verisign Inc. have
“natural monopolies”
which came from government authorizations, just like the
railroads did.<span style="mso-spacerun:yes"> </span>Private
contracts are very difficult things
to find out about.<span style="mso-spacerun:yes"> </span>Finances
are
difficult to unravel.<span style="mso-spacerun:yes"> </span>From
what little I
know, it appears that ICANN and Verisign Inc. are more, but not
much more
transparent than the railroads’ private contracts and finances.
</p>
<p class="MsoNormalCxSpMiddle">Individuals within the corporations
which owned
the railroads became very wealthy largely due to insider private
contracts and
opaque financial transactions.<span style="mso-spacerun:yes"> </span>The
railroads ended up being regulated by the federal and state
governments because
of their “natural monopolies” and their regard for personal
profit over public
welfare. In other words, in the industrial age the government
gave the
railroads a monopoly, protected that monopoly, allowed greed to
run rampant
until it became repeatedly painfully obtuse, then regulated
them.<span style="mso-spacerun:yes"> </span>This is a similar
situation, not exact, to
the monopoly the government has allowed ICANN and Verisign, Inc.
to have in the
information age.<span style="mso-spacerun:yes"> </span>History
repeats itself.</p>
<p class="MsoNormalCxSpMiddle">I have legitimate and reasonable
concerns that the
monopoly (ICANN and Verisign Inc.) that the government has
allowed to govern
the domain area will result in higher prices to the consumer.<span
style="mso-spacerun:yes"> </span>Unfortunately, corporations
and individuals
need to be restrained or greed usually prevails.<span
style="mso-spacerun:yes"> </span>Put price restraints of
some sort on
increases for domain names.</p>
</p>
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