On Jun 6, 2014, at 8:06 AM, Milton L Mueller <muel...@syr.edu> wrote: > Why is it "fair" to force a willing seller and a willing buyer to submit to > an additional step…?
“Fair” is not a word that I’d use in this context. I would, however, say that
the additional regulatory check is “necessary” when a transaction imposes
externalities upon third parties. Because of scarcity, routing-table bloat,
and the public interest in availability of addresses for public communication,
the externalities of most, if not all, IP address transactions are very broadly
distributed.
Good regulation preserves the public interest where that differs from private
interests.
-Bill
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