gpmgroup - 10:07 am on Jul 26, 2006 (gmt 0)

Okay, I've got a suggestion. How about you can only sell your domain back to ICANN (or similar) for a fixed amount. [/Prospecting]

Its an interesting concept but it has a few problems.

The drop catchers are very efficient so when ICANN et al. re-release the name a handful of companies catch the 'good' names - they would need to be prevented from reselling the names at auction etc.

People would keep the names and probably lease/sub let.

The internet net works because it offers individuals the chance to compete against huge international companies. If you remove any value from the system of domains that removes a whole class of entrepreneurs who would otherwise build new businesses on websites.

Anybody who builds a website needs security of tenure so they know that once they have built that business or infomation site it will be theirs to do with as they please. Take away that security the same will happen as happens in the certain dictatorships, banks won't lend money and people won't risk inveesting time and resources to their projects and the whole system shrinks.

The current domain system has been phenominally sucessful and on the whole fucntions very smoothly. Sure some people take advantage of trademarks. The trademark lobby is pretty good at protecting its interests and sometimes its members believe they should have the rights to everything and abuse the system back the other way (Reverse Hijacking). But on the whole UDRP sorts most of the issues without the need to resort to legal action.