There's no inherent reason to restrict the number of TLDs. The best way to combat rent seeking from registries is to allow any organization that has the technical capability to operate a registry.

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cwnyth 2 hours ago | parent [-]

Why do companies and organizations get special treatment over regular people? I think a simpler fix is just to ban any companies that register domains from squatting on them.

	▲	toast0 2 hours ago \| parent [-]
		Were regular people prohibited from applying for TLDs when applications were open? Not that I know many people who would have been interested in paying the fees.