RE: [registrars] Just saw this announcement on ICANN website

["John Berryhill" <john@xxxxxxxxxxxxxxxxx>]

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Q1.2 Why is it appropriate for VeriSign to be allowed to raise its prices by
up to 7% per year?

A1.2 In order to provide for a transition to allowing market forces to
determine prices, ICANN and VeriSign agreed to relax the current price cap,
which has remained unchanged since ICANN came into existence, on a graduated
basis

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.and the price of every piece of technology in existence in1998 has
plummeted.  The notion that performing a data processing task in 2005
substantially identical to the same data processing task on a per unit basis
performed in 1998 would be *more* costly is a proposition that could only be
believed by an idiot.

Why did the same "market forces", as opposed to backroom collusion over the
ICANN board's expressed delusions of grandeur, result in a reduction of the
price of .net?

Is .net in some "other" market?

The statement above is such a transparent insult to the intelligence of any
thinking person that it is not worthy of dignified comment.  My questions to
the author are, "How do you sleep at night?" and "Are you the person you
want your children to become?"