John, Volker,since you prompted me to contribute to this debate I shall do so in a personal capacity.Martin is on leave this week.(Note I do not have posting rights to Council)I believe two issues are relevant.Firstly, do be aware that you are discussing a separate question to the one asked by the Board NGPC.Secondly, the debate seems to me to be somewhat rarefied and seems set in the context of traditional TLDs not .brands.What may be of interest to consider is the likelihood of this activity, not the theoretical possibility. Whereas brand.com or brand.bike may be of interest, brand1.brand2 or brand2.brand1 raise issues of user confusion and trade mark infringement. Incentives are different. Further, remedies such as UDRP or even the registry-level PDDRP will be there to tackle issues of infringement.Philip