Earlier quoted context omitted.
Seems like a good idea to me. Are you thinking of small or large values for $X and $Y?
That is the question. If the dollar amount is too low then big companies could afford to abuse the process but if the dollar amount is too high it would be difficult for individual content owners to assert their rights. I was thinking $100 to file an initial claim and $50 to file a counter-claim but I really don't know. Or perhaps a mechanism where the cost to file an initial claim goes up to $1000 after a person/ent…
I'm open to payments for DMCA notices, but it shouldn't be forfeited just because someone filed a counternotice.
I think a better system would involve the escrowed money going to the other party, and allow some sort of small claims court to adjudicate those matters. Although it still feels extraneous. If there's strict liability for false claims and automatic lawyer fee awards then we'll get an industry of contingency lawyers taking such cases in hopes of an award.