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The fact that it is not for profit doesn't mean that it doesn't want to grow revenue. More money for salaries, more staff, more prestige for managing a big organisation. Plus their direct customers who they have relationships with are the registrars who have a profit motive in selling more domains.

It is quite possible for a not-for-profit to become a self expanding bureaucracy especially when it is gatekeeper/distributor over a resource. That said I'd take Nominet over getting Verisign to do it. The same risks apply in a commercial setting plus the push to profit.

Now I don't know the realities of Nominet or this particular proposal but I wanted to point out that in a case like this being not-for-profit is an insufficient defence against claims it is a revenue grab.

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