Nominet is poised to start competing with its own members.
Nominet's agenda is now out in the open.
Nominet Director (who would be in line for Directors bonuses should the EGM motions be passed) openly admits that Nominet wants to be a registrar for other suffixes (not just .UK) Times Online "We can't consider working outside the .uk registry without these changes."
Once Nominet gets its motions passed at the EGM it is then free to become a registrar for .COM domains.
Nominet being free to be competitive can :
(1) jack up its monopoly membership fees and co.uk domain registration pricing to increase revenues
so as to
(2) cross-subsidize .COM registration pricing.
This could mean that Nominet can then ruthlessly compete for .COM registrations business. This would be in direct competiotion with many of its membership (some of which are .COM registrars in their own rights One&One, Register.com, Tucows, NetworkSolutions, Easyspace etc etc etc, or resellers of .COM registrars.
Nominet can achieve this because it is a monopoly supplier of .co.uk domain names. If the EGM is passed Directors can jack up .co.uk prices without seeking approval of the membership.
Both smaller members (who could be winkled out by higher membership fees) and larger members (who are either .com registrars or large registration companies of .com domain names) should be concerned, very concerned.
Nominet's agenda is now out in the open.
Nominet Director (who would be in line for Directors bonuses should the EGM motions be passed) openly admits that Nominet wants to be a registrar for other suffixes (not just .UK) Times Online "We can't consider working outside the .uk registry without these changes."
Once Nominet gets its motions passed at the EGM it is then free to become a registrar for .COM domains.
Nominet being free to be competitive can :
(1) jack up its monopoly membership fees and co.uk domain registration pricing to increase revenues
so as to
(2) cross-subsidize .COM registration pricing.
This could mean that Nominet can then ruthlessly compete for .COM registrations business. This would be in direct competiotion with many of its membership (some of which are .COM registrars in their own rights One&One, Register.com, Tucows, NetworkSolutions, Easyspace etc etc etc, or resellers of .COM registrars.
Nominet can achieve this because it is a monopoly supplier of .co.uk domain names. If the EGM is passed Directors can jack up .co.uk prices without seeking approval of the membership.
Both smaller members (who could be winkled out by higher membership fees) and larger members (who are either .com registrars or large registration companies of .com domain names) should be concerned, very concerned.