ICANN has released its new
"Draft Applicant Guidebook" (DAG) for new top level domains. As promised, it contains draconian restrictions on cross-ownership and bans any vertical integration. These restrictions are intended to spur the warring economic interests involved to come to an agreement on issues related to cross ownership and vertical integration. The threat is, the squabbling kids have to come to a reasonable agreement, or Mommy takes all the toys away. The problem with this strategy is that we may be dealing with small children who are perfectly willing to sacrifice substantial public benefits in order to protect their current position in the market.