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Words: | Submitted: Mon Jun 19 2006
... for ICANN in 2003. It is a private sector policy making body. It hopes to create a global forum in which competing interests can work toward consensus. ICANN is a "global private-sector coordinating body acting in the public interest. It ensures that Domain Name System (DNS) continues to function effectively - by overseeing the distribution of unique numeric IP addressees and domain names." Further, ICANN is "responsible for managing and coordinating the DNS to ensure universal resolvability" (www.internic.net). ICANN's role, basically, is to protect the solidity, integrity and effectiveness of the global Internet community. ICANN hopes to encourage competition in the market for domain names registrations. ICANN has absolutely no authority to impose any kind of "taxes". It also seeks public input before, during, and after it makes policy decisions (www.icann.org.). They [ICANN and the Department of Commerce] signed an agreement in 1988 to work together to manage the ...
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