While the specific proposal is interesting, I am most happy about the overall themes.
- Recognition that we are talking about statutory monopolies, and all monopolies have a social and economic cost which must be considered.
- Recognition that there is a need for registration and renewal for this monopoly, after a possible formality-free grace period.
- Recognition that this monopoly should come at an economic price (registration/renewal fees, taxation, etc) to the monopoly rightsholder.
Whatever specific reforms are suggested, debated and discussed, these offer a critically needed starting point.