namely icann. those original policy document stated that this new body, icann, should open up the domain space to provide consumers with more choice and to ensure there is more competition in the domain name market space. how is that working out? we estimate average prices of domain names in the generic top-level domains have dropped 70% since icann's founding. 70% drop. very significant, wealth transferred to the benefit of consumers and users of the internet around the world. this multi stakeholder body has different formalized components. there are three policy orders. there is a group called the country code name supporting organization, country code the operators of dot got u.k. or kenya, country code registries of the internet. that community has over 100 members. one of the founders of the community is here with us today. we also have the generic names of the organization and that is the group participant of the main aim registries and registrars in the generic space so when you think of dot

icann is a complex organism.for multi-stakeholder body with all these interlocking parts that work together. and how do you develop consensus on the internet? the same is true by the way of the internet engineering task force, the critical organization that defines standards of the internet and the ones we seek to follow us americanization. so a lot of pressure, and that attention. and enforces icann to grow up and decide what it is. is icann a global organization or is icann a national organization with global outreach? i can tell you under my leadership, certainly. agreements with the united states government. >> randy mott then at fcc. just bockman wrote the ftc letter and said most of the things they said were unfounded or address by remediation process. one of the things i didn't see even though she mentioned a trusted trademark or is no mention of the trusted group for ip addresses and domain names. are you planning on including not as well? >> let me first -- >> and reference to our pki. >> i'm not similar

icann is a complex organism.ave all these interlocking parts that work together, and how do you develop consensus on the internet. but the same thing is true of the internet engineering task force, the critical internet organization that defines most of the standards of the internet and the ones that we seek to follow as an organization. so a lot of pressure, a lot of tension, and it forces a challenge for icann to grow up and decide what it is. is icann a global organization, or is icann going to be a national organization with global outreach? and i can tell you under my leadership, certainly, and under steve's leadership and the board, icann is a global organization that also respects its understanding and agreements with the united states government. >> in the back there. >> randy bachmann of the fcc. jeff moss addressed the ftc letter and said most of the things that they said were either unfounded or addressed by some of your remediation process. um, one of the things that i didn't see, um, even though you

icann is a global institution.t says that in our bylaws and by the papers that were a joint effort by the department of commerce and the white house that shipped us initially. there is a natural tension. that is why it is all the more important we be true to the global public interest and not the interest in anyone geography. i want to recognize there have been concerns from trademark and business interests around the world. it has not been limited to north america were washington, d.c. it has been focused here. i think even that is healthy. even the debating and engaging on these issues is leading to a much better understanding of icann. icann is a complex institution. the same thing is true of the idtf , the critical organization that the fund's most of the standards of the internet and the ones we seek to follow. a lot of pressure and tension. it forces a challenge for icann to find out what it is. are we a global organization or will be -- will we be a national organization? i can tell you under my leadership,

safeguard trademarks. >> we have come forward with a proposal to icann saying that you should set up a registry-- a do-not sell registry-- and that for brand-holders who do not want to use their brands in a top-level domain, that for no cost, they should be able to put their name on that registry. >> reporter: jaffe's still waiting to hear back on those proposals. but the names aren't cheap, and some say the cost alone will prevent cybersquatters from grabbing choice domains. it costs one $185,000 just to apply. companies who win domains will have to pay $25,000 annually in fees. karen bernstein is helping a client apply for one of the registries. >> it's 185 thousand dollars to apply, so the chances that someone is going to take, say, "dot coke" and pretend that they are coca cola are going to be very limited. >> reporter: bernstein says the new domains could also open a new chapter for trademarks. until now, the letters on the right side of a web address have not been subject to trademark laws. she thinks that could soon change. sylvia hall, "nightly business report," washington. >

name-grab where company their p2 >>national advertisers has joinv iv>>ja wcve have@ come no proposal to icann2 yonoc rec 2 for br want to use thei top-level domaivivjacv@ iv th@eir nanomec oren c >> repor o@n thosnoc erec 2 but the names ar2 grjvjacv it cosjvjacv@noc re@noc rec 2 have to pay $25,00c 2 karen bernient apply for ojvnejo jacvng to take, say,jv are coca cola are going to be tein says jvthjaecv apter for trademarks. 2njv ojaf cva web @addresnos c laws@noc rec 2 she thinks t report," washington.jvjacv@ a lot of buzjvjacv@noc reen@ th2 c 2 german in jeopardy. regulators in europe cvpl cvja mononoc porebut @sharesno oc f n tonighkvjacvkvjacv@noc @noc rec2 kvjacv@noman sachs,jad cvj.p. m2 fitch ratings suggkvjaing progr@ david riley, the head of fitch" @nwinding of noc lered c to2 the crisi c derway... re bc eg2in to easeo the cooint@ing finonac ncreiac 2 resignation of its financial officer.but a differeo jacv @12%.no the exercise apparel companylv earnings guidance thanks toh-2 although the stock has been on t janocvw take@ a loonok c atre t, tiffany.@noc rec 2 its stock fell 10.5%re

and how he came to "national review" is very much in line with icann, with what we've heard about bill afternoon, that he was always concerned about young people. he saw himself as an evangelist to young people for the conservative, for the conservative faith, as well as, and how rich first came to was by taking part in a young writers contest. by now, 20 years ago this year, wasn't it? 20 years ago this year. and the very next year and opening fell, position fell open on the editorial staff, and we hired rich. and before long he was our national political reporter there and then in 1997 when john sullivan was stepping down, bill after extensively looking around the pool of available talent decided that rich was the one, and that's when he became editor in chief of "national review." and has been running the magazine with excellence ever since. our second we're changing the order although. the second panelist will be bill kristol, who is the only one of the four of us who is never exactly worked for bill, although he reminds me that he was on the board of directors of "national review"