In 2009, while serving as SVP for [[eNom]]/Demand Media, Richard wrote to ICANN regarding the company's position in support of registry-registrar cross-ownership in new [[gTLD]]s. He emphasized that cross-ownership has been a common practice within the domain industry since 2001. According him, cross-ownership provides lower prices, innovation and improved service for consumers. It also promotes competition. He also opined that the only disadvantage to the mechanism occurs when a price cap exist where the supplier has market power. <ref>[https://www.icann.org/en/news/correspondence/tindal-to-dengate-thrush-10sep09-en Letter from Richard Tindal to Peter Dengate Thrush | 10 September 2009]</ref> | In 2009, while serving as SVP for [[eNom]]/Demand Media, Richard wrote to ICANN regarding the company's position in support of registry-registrar cross-ownership in new [[gTLD]]s. He emphasized that cross-ownership has been a common practice within the domain industry since 2001. According him, cross-ownership provides lower prices, innovation and improved service for consumers. It also promotes competition. He also opined that the only disadvantage to the mechanism occurs when a price cap exist where the supplier has market power. <ref>[https://www.icann.org/en/news/correspondence/tindal-to-dengate-thrush-10sep09-en Letter from Richard Tindal to Peter Dengate Thrush | 10 September 2009]</ref> |