That seems to be mostly accidental and unrelated to ASCII: there are multiple towns named "London" and by the way that DNS works, only one of them can be "london.com" or "london.info" or...
While I can see an argument for expecting to find whatever brand you think most relevant at BRAND.com(mercial), first-come-first-served is as fair as we can realistically get to (with some protections against misrepresentations and squatting).
Note that I am not against IDNs: I just think your argument is flawed in their support.
Again, Unicode is what allows all languages to be written out, and the fact similar-looking-URL issue is more present (it's present with ASCII too) is not a slight against Unicode and IDNs: we just need to solve for it.
While I can see an argument for expecting to find whatever brand you think most relevant at BRAND.com(mercial), first-come-first-served is as fair as we can realistically get to (with some protections against misrepresentations and squatting).
Note that I am not against IDNs: I just think your argument is flawed in their support.
Again, Unicode is what allows all languages to be written out, and the fact similar-looking-URL issue is more present (it's present with ASCII too) is not a slight against Unicode and IDNs: we just need to solve for it.