It wont. If anything it'll just consolidate the squatted domains into fewer hands.
Progressively increasing prices for each domain purchased seems pretty reasonable, but unless it raises very quickly it'll still end up being worth it to a wealthy few. Combining those raising prices with capping the resell price of domains seems like it would actually work! Someone somewhere might find it worth it to buy their 600th domain at a huge price, but if they can only sell that domain for a small fraction of what they paid for it they'll lose money if they aren't planning to use it themselves.
There's a balance I'm trying to strike. If you're sitting on say, news.com then I get it, that's a good asset to have.
It's those other groups that throw combinatoric dictionaries at the registrars that force the latest round of startups to have a bunch of letters smashed together for a name, they're the problem.
I've got half a mind to just go with katakana for my next company, register a domain like ツイッター.com and just say "well, there's 46 characters. You can memorize it in like 2 weeks. Not my problem!"
> It wont. If anything it'll just consolidate the squatted domains into fewer hands.
This is actually great if your end is to get rid of squatting, consolidate the market into a number of throats that's feasible to choke and then do it via regulation.
Seems like it'd be easier to get throat choking regulation in place before ownership is consolidated into a small number of people with deep pockets, vast resources, and disproportionate influence. The nice thing about policy is that it can be applied to huge numbers of entities instantly. Why risk creating behemoths too big to fight before you even start?
Because big behemoths have legal departments and compliance officers and actually have to follow the law because many eyes are on them constantly. Deep pockets make juicy lawsuit targets. You're right that the law applies to many people at once but you only have to actually follow the law if you're big enough for someone to care about you.
Regulations have never worked when there are few throats to choke. The few either band together and create their own regulatory association or bribe, sorry, lobby their way out of it.
It wont. If anything it'll just consolidate the squatted domains into fewer hands.
Progressively increasing prices for each domain purchased seems pretty reasonable, but unless it raises very quickly it'll still end up being worth it to a wealthy few. Combining those raising prices with capping the resell price of domains seems like it would actually work! Someone somewhere might find it worth it to buy their 600th domain at a huge price, but if they can only sell that domain for a small fraction of what they paid for it they'll lose money if they aren't planning to use it themselves.