Re:  "VeriSign would no longer be entitled to claim
that it should own the transliterations of the .com in
the other language strings, especially those spoken by
huge populations"

VeriSign is not the only organization claiming such
entitlement.  Please see the PIR document "Principles
for the Foundation of Top Level IDNs" that puts
forward similar arguments.  PIR has cited brand
fragmentation, security and stability issues,
registrar disenfranchisement, regulatory burdens,
intellectual property concerns and internet
fragmentation worries in defense of their view with
respect to managing all .org IDN transliterations.

http://www.icann.org/topics/idn/pir-idn-principles-23jun06.pdf

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