Internet Corporation for Assigned Names and Numbers

Economic Case for Auctions in New gTLDs

Open: 8 August 08
Closed: 7 September 08

Explanation: During the ICANN meeting in Paris, France, ICANN staff made a commitment to release a paper describing the economic case for auctions as a tiebreaking mechanism for resolving contention among identical or confusingly similar applications for new gTLDs. The paper [PDF, 52K] was prepared by ICANN’s auction design consultant PowerAuctions LLC with support from ICANN staff. The paper notes that auctions as a tiebreaking mechanism accomplish a goal of allocative efficiency through a transparent, objective and scalable process for the resolution of gTLD applications.

Staff member responsible: Patrick Jones

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