Can ICANN

A clear example of how regulators can be out of touch with what consumers want and work against their interests. Check out this story, "Why it's time to rein in ICANN," by Sonia Arrison who hits the nail on the head:

Recently, bureaucrats at the United Nations revealed their desire to take over ICANN's functions, but business and other policy leaders argue that it's time to finish genuine privatization of the domain name system. That the organization is facing increased pressure from these radically different viewpoints goes to show the inherent instability of its quasi-regulatory nature. The best solution in this case is to allow market forces to take over so decisions can be made in a more efficient and cooperative manner....

By positioning itself as Internet gatekeeper to determine whether Site Finder or some future service must get its stamp of approval, ICANN is doing a disservice to consumers and revealing rather clearly that, despite claims to the contrary, its desire to run the Internet is strong.