.VIG New gTLD Application
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New gTLD Application Submitted to ICANN by: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
Application Downloaded On: 12 Jun 2015
String: VIG
Application ID: 1-918-87536
Applicant Information
- Full legal name
VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
- Address of the principal place of business
Schottenring 30 Vienna - 1010 AT
- Phone number
+43 050 350 2000
- Fax number
+43 50350 99 21030
- If applicable, website or URL
http://www.vig.com
Primary Contact
6(a). Name
Eva Therese Larsson
6(b). Title
Group Marketing
6(c). Address
6(d). Phone Number
+43(0) 50 390 26960
6(e). Fax Number
6(f). Email Address
Secondary Contact
7(a). Name
Anne-Mette Roed
7(b). Title
Project & Process Manager
7(c). Address
7(d). Phone Number
+45 33 88 63 29
7(e). Fax Number
7(f). Email Address
Proof of Legal Establishment
8(a). Legal form of the Applicant
Joint Stock Corporation
8(b). State the specific national or other jurisdiction that defines the type of entity identified in 8(a).
Registered with the Commercial Court of Vienna, Austria, under FN 75687 f
8(c). Attach evidence of the applicant's establishment.
Attachments are not displayed on this form.
9(a). If applying company is publicly traded, provide the exchange and symbol.
VIG / VIG
9(b). If the applying entity is a subsidiary, provide the parent company.
9(c). If the applying entity is a joint venture, list all joint venture partners.
Applicant Background
11(a). Name(s) and position(s) of all directors
Name
Position
Franz FUCHS Member of Managing Board
Franz KOSYNA Member of the Managing Board
Günter GEYER Chairman of the Managing Board
Hans-Peter HAGEN Deputy CEO; Member of Managing Board
Martin SIMHANDL Member of Managing Board (CFO)
Peter HÖFINGER Member of Managing Board
11(b). Name(s) and position(s) of all officers and partners
Name
Position
Günter GEYER Chairman of the Managing Board
Hans-Peter HAGEN Deputy CEO; Member of Managing Board
Martin SIMHANDL Member of Managing Board (CFO),
11(c). Name(s) and position(s) of all shareholders holding at least 15% of shares
Name
Position
Wiener Städtische Wechselseitiger Versicherungsverein-Vermögensverwaltung-Vienna Insurance Group Not Applicable
11(d). For an applying entity that does not have directors, officers, partners, or shareholders: Name(s) and position(s) of all individuals having legal or executive responsibility
Applied-for gTLD string
- Provide the applied-for gTLD string. If an IDN, provide the U-label.
VIG
14A. If applying for an IDN, provide the A-label (beginning with "xn--").
14B. If an IDN, provide the meaning, or restatement of the string in English, that is, a description of the literal meaning of the string in the opinion of the applicant.
14C1. If an IDN, provide the language of the label (in English).
14C2. If an IDN, provide the language of the label (as referenced by ISO-639-1).
14D1. If an IDN, provide the script of the label (in English).
14D2. If an IDN, provide the script of the label (as referenced by ISO 15924).
14E. If an IDN, list all code points contained in the U-label according to Unicode form.
15A. If an IDN, upload IDN tables for the proposed registry. An IDN table must include:
the applied-for gTLD string relevant to the tables,
the script or language designator (as defined in BCP 47),
table version number,
effective date (DD Month YYYY), and
contact name, email address, and phone number.
Submission of IDN tables in a standards-based format is encouraged.
15B. Describe the process used for development of the IDN tables submitted, including consultations and sources used.
15C. List any variants to the applied-for gTLD string according to the relevant IDN tables.
- Describe the applicant's efforts to ensure that there are no known operational or rendering problems concerning the applied-for gTLD string. If such issues are known, describe steps that will be taken to mitigate these issues in software and other applications.
There are no known issues, specific operational or rendering issues with the applied for string. It is a latin alphabet based string that conforms to the specifications laid out in RFC 1035.
As with all new TLDs there is the potential for legacy applications to fail to recognize the new TLD string. Some older applications may have hardcoded lists of ʺvalidʺ TLDs or, worst case, assume anything that isnʹt ʺ.comʺ, ʺ.netʺ or ʺ.orgʺ is not valid. There are existing initiatives, including The Public Suffix List operated by the Mozilla Foundation, which we will work with to help educate the broader Internet Community.
- OPTIONAL.
Provide a representation of the label according to the International Phonetic Alphabet (http://www.langsci.ucl.ac.uk/ipa/).
18A. Describe the mission/purpose of your proposed gTLD.
Model. The proposed gTLD is a closed registry restricted to utilization by Vienna Insurance Group as an internal communication tool, authenticated marketing presence and client service delivery system
Mission: The mission of the proposed gTLD is to optimize customer service and security through:
* A consistently structured and authenticated system of Internet and Intranet communication, ensuring that the diversity of languages and locations of VIGʹs fifty subsidiaries are coherently integrated into an orderly network
* An authenticated brand TLD that enhances consumer confidence in communication from and to .VIG. VIG will have complete control over all addresses and communication circulated under the .VIG label.
* Demonstration of deep commitment to localization and internationalization, ensuring that local customers and local providers are closely integrated and maintain personalized relationships.
* Closer and more focused customer service enabled by a tightly managed TLD that facilitates management of customer communication, customer relationships and product development.
* Enhanced functionality and security that can respond to evolving customer and market needs.
Mission in Context:
ICANN has set out a number of goals regarding the introduction of new generic top-level domains (gTLDs). Amonstg the most important of these are the following:
- The need to maintain the Internetʹs stability and especially the protection of domain name holders from the effects of registry or registration-system failure.
- The extent to which approval of the application would lead to an effective proof of concept concerning the expansion of the number of top-level domains including:
* the diversity the proposed TLD would bring to the top-level of the Internet to include fully open top-level domains, restricted and chartered domains with limited scope, commercial domains, and personal domains
* support of a variety of business models and geographic locations.
- The enhancement of competition for registration services at the registry and registrar level.
- The enhancement of the utility of the DNS.
- The extent to which the proposal would meet previously unmet needs.
- The importance of appropriate protections of the rights of others, including intellectual property rights in connection with the operation of the TLD, especially during the start-up phases.
Purpose:
The purpose of this TLD is to:
* advance the goals of ICANN as set out above
* fulfill the TLDʹs mission as stated above.
18B. How do you expect that your proposed gTLD will benefit registrants, Internet users, and others?
- Goal in Terms of Specialty, Service Levels, Reputation
Definitions:
Registrants
As the proposed TLD is a closed registry model, the ʺregistrantʺ is effectively Vienna Insurance Group, its subsidiaries and employees who are authorized to utilize an address or sub-domain under .VIG.
Internet users
In the closed registry model, ʺinternet usersʺ refers to individuals and organisations that are legitimately interested in communication within or between Vienna Insurance Group. This category includes authorised VIG employees and VIG customers and stakeholders.
Others
ʺOthersʺ includes potential users of the Internet, potential clients of VIG, industry organisations and industry regulators⁄governments.
Background
VIG has a presence in over 25 different countries with diverse languages and local practices. Specialisation, service levels and reputation are critical to VIG and its stakeholders.
VIG enthusiastically shares the policy goals of ICANN in this round of innovation in the development of the Internet. The proposed new TLD enables VIG to promote, develop and deliver an optimal level of service that advances the Internet as a secure and efficient method for delivering information and transacting business.
Specialty
The team operating the TLDon behalf of the registry operator brings considerable speciality experience in the Internet industry both in relation to high-level policy development, launch, operation and management considerations. Significant marketing resources together with registrar partnerships and technical facilities enable the Registry to specialise in the provision of a top level domain that provides a valuable alternative model to existing gTLDs.
The Registryʹs domain name registry services will be driven by customer focus, technological innovation and channel management expertise. Specialty delivery of services will be closely mapped to clients and constituents, ensuring a higher level of relevance and efficiency even as an internal communications tool within a large corporation.
The Registryʹs services in terms of DNS management expertise, registry operations and technical database management capabilities will be run according to industry leading standards. Together with the technical provider and management team, speciality services will be continually examined for optimal utility and functionality consistent with all ICANN requirements.
Service Levels
In order to advance its mission as stated above, VIG has brought together a team with expertise, experience and technical capacity to ensure that the TLD is operated to the best industry standards in the provision of services.
The Registry will provide a substantial network infrastructure that can guarantee maximum performance and reliability as well as scale seamlessly to meet variations in demand.
Reputation
VIG is concerned to ensure that both the reputation of the TLD as well as the reputation of the Internet generally is enhanced by this delegation. VIGʹs reputation in a critical industry will be enhanced while simultaneously enhancing and promoting the Internet as a secure and efficient place for business. VIG is mindful of the critical importance of consumer confidence in the operation of the Internet. It is core to the application that VIG is a leading model for Internet welfare.
VIG takes the view that its responsibility as a registry extends beyond registrants and users of the Internet, to potential users, governments, regulators, policy-makers and communities at large.
Benefit to Registrant(s)
VIG will benefit from the capacity to shape and control the landscape of its Internet-related structure and presence. VIG will be able to create bespoke solutions for secure, client-focussed services that distinguish VIG and set higher standards in the industry generally.
The longer-term micro benefit to VIG in enhanced reputation, standing and security for investors is importantly extended to the macro level of both the insurance industry and the Internet.
Benefit to Users
The proposed gTLD will create a direct and straightforward external connection to VIG as well as a secure and private system for internal communication. The proposed TLD will create a closed connection between VIGʹs clients, market and employees, thus enabling efficiency in communication and security of information.
Efficiencies and security are enhanced by the control that flows from a bespoke top-down domain.
VIGʹs intention is that users will be unified in the ʺvirtual spaceʺ of the Internet as though they were face to face. VIGʹs diverse locations, extensive range of services and large numbers of employees can cohere in a single web identity and location that utilises the Internet as a tool to deliver unity in diversity.
Benefit to Others
Benefits extend beyond registrants and Internet users to others who have a policy concern in ensuring that the reputation of the specific industry and the Internet generally is enhanced. Potential users of the Internet in countries yet to develop access will encounter a more clearly defined, product-specific environment on the Internet that facilitates search for services and enables more focused delivery of service by VIG.
VIG believes strongly in responding to community needs and specific conditions of its clients. A closer relationship between VIG and its present and future clients strengthens the delivery of services and the creation of bespoke services for new markets. VIGʹs commitment to community and social programmes will find a more effective level of delivery and assessment, helping to build a stronger platform for VIGʹs projects of returning benefits to the community.
At the broadest policy level, VIGʹs strong corporate citizenship will demonstrate a vigilant and responsible operation of a top-level domain that authenticates ICANNʹs policies of gradual innovation.
- What do you anticipate your proposed gTLD will add to the current space in terms of competition, differentiation or innovation
(i) Competition
VIG believes that by setting higher standards in the industry with a secure and focused Internet presence, the industry as a whole will evolve similarly high standards of service in order to remain competitive. Enhanced competition amongst service providers flows directly to enhanced service to the consumer.
VIG aims to set the benchmark in the insurance industry for communication and service through the Internet. By promoting market-appropriate information VIG is able to facilitate accurately informed consumer choice, high levels of confidence and ultimately market-regulation by the end-user consumer. VIG believes that this round of TLD applications will at its best allocate more strength and decision-making power in the individual consumer.
(ii) Differentiation
The differentiation of this TLD from existing offers is a key building block to Competition.
VIGʹs proposal is founded on the belief that competition in the marketplace makes for stronger, more innovative and more creative alternatives for the consumer. Together with its technical partners, VIG has a rich understanding of the needs of the global Internet community and is committed to building a domain name system that grows with and responds to the needs for services, products and information sought by the global community. A steady, secure and responsive service that offers users a competitively priced and distinctive service will enable the TLD to operate as a genuine and enduring alternative to existing TLDs.
Industry, product and service differentiation have become increasingly challenging as the Internet has expanded to over 200 million domain name registrations. In terms of service provision to users, lack of differentiation creates a greater likelihood of frustration, brand confusion and inauthenticity or fraud.
Occupation of a TLD by an individual brand substantially addresses the possibility of error or uncertainty in identification of a brand and its associated services. The consumer is able clearly to differentiate VIG from among all others on the Internet, quickly, simply and reliably.
(iii) Innovation
The innovation of the TLD is a key building block to its inherent differentiation.
Innovation is core to survival in a competitive commercial environment. VIG believes that in the case of a vital public service such as the Internet, innovation must be founded solidly on the critical requirements of DNS stability, longevity and utility. In other words, VIG believes in evolution, not revolution.
There have been many years of outstanding effort involved in creating the existing mechanisms and policies for guiding change in the Internet. These mechanisms have been substantially successful in maintaining the stability of the Internet. As such, VIGʹs policies have been developed with a view to extend and enhance existing procedures in an incremental and cooperative manner. While committed to innovation in the provision of services and technical standards, VIG aims to measure and interpret the needs of the Internet community so that it can continually tailor services to best support shared goals and aspirations.
Innovation is a core element of VIGʹs business along with security and stability. This tripartite informs VIGʹs view on innovation in their Internet presence and service as well as innovation in the Internet generally. VIG are working closely with technical service provider, Afilias, to ensure that the proposed TLD innovates in ways that actively support the security and quality of services to clients, internal cohesion within VIG as well as structure of the Internet generally. The nature of VIGʹs business as a financial service provider dictates that a critical element of all innovation is tied to maintenance of the highest levels of consumer security and confidence. While the capacity for innovation will undoubtedly accelerate, VIG is committed to vigilant analysis of any proposed innovations so that they remain consistent with our stated goals.
- What goals does your proposed gTLD have in terms of user experience goals
User experience goals
Consistent with our key goals to work co-operatively and positively in the provision and management of a vital public resource, VIG aims to ensure that the user experience is centered on the following goals:
* rapid, responsive and reliable customer service
* robust neutrality
* robust data security and privacy
* robust data escrow
* Internet standards regarding naming and reserved names
* Industry standard acceptable-use policy and registrar agreements
* Leading protocols on Technology, Anti- Cybersquatting and WHOIS.
* Consumer confidence in security, privacy and authenticity thus building confidence in the usage of the Internet for business purposes
* Ease and facility in locating both VIG and the desired location and or service
* A direct line of communication between VIG and its clients
* Responsive and monitored business services, directly targeted to identified client needs
- Provide a complete description of VIGʹs intended registration policies in support of the goals listed in iii (above)
VIG has developed the following explicit policies to support the user-experience goals enunciated in (iii) above.
(a) Customer service
In conjunction with the technical service provider the Registry will have advanced system functions and features to ensure high service reliability and a flexible systems architecture that will support growth in volumes and applications.
Strong cooperative relationships with registrar(s) will ensure that consumer needs are monitored, measured and responded to in a way that reflects the evolving role and purpose of the Internet. VIG has committed funding, focused management of TLD programs across registrars, and registrar participation in program management.
(b) Robust Neutrality
The Registry will be operated on best industry and ICANN practices to ensure that it is a trusted, unbiased provider of core Internet DNS functionality while providing consistent and stable operation of a new TLD.
Among the most important aspect of the neutrality policy is the registryʹs relationship with registrars noted below.
(c) Robust Data Security and Privacy
The Registry, as a neutral and trusted registry, must maintain the trust of the registrars and the consumers. Therefore, the Registry will not market in any way the registrant information obtained from registrars for purposes of running the registry, nor will it share that data with any unrelated third parties. The Registry operator will only have access to such data as is necessary for operation of the registry itself and will use that data only as required by registry operations.
The Registry will provide registrars with a mechanism for accessing and correcting personal data and will take reasonable steps to protect personal data from loss, misuse, unauthorized disclosure, alteration or destruction.
In addition, as part of the registrar Code of Conduct, registrars will be required to abide by all applicable international, national, and local laws regarding data privacy and information collection.
(d) Robust Data Escrow: The Registry will follow all data escrow requirements mandated by ICANN and work with an ICANN accredited Data Escrow provider. By so doing, the Registry will ensure that all data necessary for operation of the registry will be available in the event of a catastrophic failure of the registry or following the selection by ICANN of a new registry.
(e) Internet Standards Regarding Naming and Reserved Names
The Registry will reserve and block the registration of names as specified in Schedule 5 of the Registry Agreement. The Registry will consistently work with ICANN to ensure that registry practice confirms with ICANN requirements.
The Registry will reserve for itself a small number of names necessary for the secure operational and technical functions of the registry.
(f) Acceptable Use Policy and Registrar Agreements
The policy of the Registry and contracted registrars relating to the computer systems, hardware, servers, bandwidth, telecommunications transport and e-mail routing provided by the Registry and Domain Provider(s) will promote the integrity, security, reliability and privacy of the Registry Network and the Registrar(s).
The Registryʹs policy will follow leading industry standard that both (i) support the free flow of information over the Internet and (ii) inhibit the transmission of materials that offend relevant laws, rights, interests and codes of conduct. The policy will provide a complaints procedure and enforcement mechanisms.
The Registry and Domain Provider(s) and⁄or the Registrar may at its sole discretion remove any content or material or services such as URL forwarding, Email forwarding, DNS hosting, WHOIS protection, proxy service etcetera from its servers, or terminate access to the Registry Network where it has been determined by the Registry and Domain Provider(s) and⁄or the Registrar that a registrant has violated the Acceptable Use Policy.
(g) Leading Protocols on Technology, Anti- Cybersquatting and WHOIS
The Registry will adhere to all existing ICANN policies as well as commit to further evolution of TLD policies that advance ICANNʹs core principles in the operation of the Internet. While this round of applications for new TLDs may revolutionize the Internet, the Registry believes that such revolution be supported by evolutionary development of operational rules. The Registry is committed to a full and cooperative partnership with ICANN in the growth of Internet services on a secure and sustained basis. See further, below.
(h) General registration policies
As a wholly ʺin houseʺ closed registry TLD, .VIG will be available only to authorized users and members of VIG and its subsidiaries. Together with technical provider, Afilias, the business management team and qualified registrars, VIG will have in place a vigilant system of authentication and permission to ensure that registration is tightly controlled and monitored.
(i) Reservation of sub-domains
Second and subsequent level sub-domains will only be created as part of the communication structure and strategy within VIG. Sub-domains will not be freely available on the market.
VIG will comply with all the requirements and policies of ICANN as set out in the Schedule 5 to the Registry Contract.
- Will your proposed gTLD impose any measures for protecting the privacy and confidential information of registrants or users?
Protection of Privacy
VIG recognizes the importance of balancing individual privacy rights with the rights of intellectual property owners, law enforcement and other interested third parties to have access to WHOIS data for legitimate uses. Comprehensive privacy and authentication rules are built into the operation of the proposed gTLD consistent with requirements under the Registry Agreement.
As privacy and confidentiality of personal information is a key element in the provision of a positive user experience, the Registry will take all reasonable steps to protect personal data from loss, misuse, unauthorized disclosure, alteration or destruction. The Registry will also comply, in accordance with the Registry Agreement, with all existing and future consensus policies as formally adopted by ICANN.
The Registry will operate a WHOIS service in accordance with Specification 4 of the Registry Agreement and operate this service in full compliance with applicable privacy laws or policies. The Registry will also implement appropriate measures to avoid abuse of WHOIS in order that access is restricted to legitimate authorized users. As the Registry will only use ICANN-accredited registrars, the registrars will be required to implement the data privacy policies as defined in the Registrar Accreditation Agreement.
- Describe whether an in what ways outreach and communications will help achieve your projected benefits
General
VIG will put in place a system of communication to its existing and potential constituency to advance the policies underpinning its application for the gTLD.
These plans may include:
(i) Web site
Through its web presence, VIG will systematically and comprehensively communicate to its customers the:
* Introduction of VIGʹs new Internet presence
* Timescale of introduction and or changes
* Manner and method of interaction with VIG
* Advantages and benefits to customers
* Provide customer service facilities to ensure client service is monitored and maximised
(ii) Press and Media
As and when appropriate, VIG will communicate through the press and media to ensure wide dissemination of key information about changes affecting its current and potential clients.
(iii) Industry Events
As and when appropriate, VIG may communicate the existence, operation and advantages of its new TLD through industry events, including, but not limited to:
* Roadshows
* General Meetings
* Internal and external sponsoring events
(iv) Investor Relations
VIG will ensure that full information is provided to all stakeholders through corporate reporting mechanisms, shareholder information and its systems of corporate social responsibility.
18C. What operating rules will you adopt to eliminate or minimize social costs (e.g., time or financial resource costs, as well as various types of consumer vulnerabilities)? What other steps will you take to minimize negative consequences/costs imposed upon consumers?
- Resolving Competing Applications
Policy Context
The Registry is committed to the broad policy goals expressed by ICANN in the evolution of this round of expansion of TLDs. Consistent with those policies, we are committed to providing a scalable, comprehensive and stable addition to the DNS.
Registry Choice and Consumers
A key consumer benefit will flow from the right selection of Registrars. The Registry will select ICANN-accredited registrar(s) that wish to enter into an agreement to register domain names in the TLD. As part of the selection process, the Registry will evaluate each registrar on a case-by-case basis, weighing the following characteristics which may be appropriate for a corporate TLD:
- Thorough understanding of the principles and intentions underlying the registration policies;
- Geographic and language diversity reflecting the diversity of the Community in its region
- Dedicated willingness and ability to propagate and enforce specifications or policies in an observant and diligent manner and in accordance with policies and procedures prescribed by Registry Operator;
- Demonstrated willingness and ability to publicize and market the TLD, and to use TLD marketing materials as appropriate;
- Demonstration that sufficient staff resources are available and ability to interface with automated and manual elements of the TLD registry process;
- Demonstrated systems designed to avoid submission of clearly inappropriate applicants and
- Demonstrated systems designed to avoid any disputes regarding transfers among registrars.
In order to ensure a fair and open opportunity to enter into a registry⁄registrar agreement, the Registry will review and revise our selection of registrars and registrar criteria from time to time as appropriate.
Competing Applications and Intellectual Property Protection - Sunrise
In relation to competitions that involve intellectual property, The Registry will minimise costs to consumers in protecting their intellectual property through the following mechanisms:
(i) implementation of the Schedule of Reserved Names set out in Specification 5 of the Registry Agreement
(ii) implementation and adherence to rights protection mechanisms that may be mandated from time to time by ICANN, including all mechanisms mandated in Specification 7 of the Registry Agreement
(iii) implementation in accordance with the requirements established by ICANN of each of the mandatory rights protection mechanisms set forth in the Trademark Clearinghouse
(iv) compliance with ICANN rules on dispute resolution mechanism as they may be revised from time to time, including the Trademark Post-Delegation Dispute Resolution Procedure (PDDRP) and the Registration Restriction Dispute Resolution Procedure (RRDRP) when the final procedure is adopted
(v) compliance with the Uniform Rapid Suspension system (URS)
(vi) Sunrise registration services in accordance with the Registry Agreement. The Sunrise period will be in place for at least a 30 day period to allow eligible rights holders an early opportunity to register names in the TLD. A Sunrise A will be for eligible trademarks compliant with the Registry Policy. Sunrise B for all other eligible trademarks. Clear rules for the Sunrise policy and processes will be published well ahead of Registry launch. There will be a Sunrise Dispute Resolution Policy.
(vii) A Notification service to trade mark owners who have registered in the Trademark Clearinghouse that someone else is applying for a Sunrise registration for an exact match
(viii) A Trademark Claims service (for at least 60 days) to provides notice to potential registrants of existing trademark rights that are registered in the Trademark Clearinghouse (ie a warning to NOT register a name that might infringe).
- Cost Benefits eg Pricing
VIG is committed to a pricing policy that advances the mission. Consistent with this policy, the Registry will implement the following.
Billing and Collection Procedures
The Registryʹs billing and collections procedures will be consistent with existing industry procedures. All payments for new TLD registrations will be on an upfront payment basis. No registration will be completed until the registry receives payment. Because registry services to the registrant will be provided through the registrars, all billing and collections policy matters with respect to the registrant will be the responsibility of the registrar(s).
Registration Prices
Registration prices will be at the discretion of individual accredited registrars. It will be in the interests of Registrars to price registration competitively and offer attractive services in order to maximize the number of registrations they secure. In the case of a closed TLD, it is unlikely that any charge for domain name registrations will be made to internal users.
Where necessary, the Registry will set a fixed price to the registrar for each domain name registration per year.
Registrars will be required to register each domain name for a period of one, five or ten years.
Registrars will be required to remit a registration to the Registry for the exact period of the Registry-Registrant agreement.
For domain name renewal fees, the Registry will similarly charge a fixed price to registrars for each renewal year.
The Registry has chosen a flat annual registration and renewal fee structure so that it reduces costs to the Internet user community.
- Price Increase Policy
In conformity with the Registry Agreement, the Registry will provide advance written notice to registrars of price increases. VIG is mindful of the diverse stakeholder input during the development of the New gTLD Registry Agreement. Consistent with support of ICANNʹs policy in the expansion of the DNS, it will give full consideration to the enduring diverse and communal interests if and when price escalation is initiated. While the Registry does not plan to execute a contractual agreement with registrars relating to price increase or escalation, it will only make such increases in line with equitable and non-discriminatory policies