The Internet Was Just Taken Over By A Global Monopoly, And No One Even Noticed

‘On Saturday, the United States ceded oversight of one of the Internet’s most basic and fundamental functions — the so-called “root zone,” which governs new domain names and addresses — handing it over to a small non-profit group by allowing a 47-year contract to expire.
For decades, the U.S. Commerce Department held a contract with the Internet Corporation for Assigned Names and Numbers (ICANN) — whose executives and board of directors must now report to an Internet “stakeholder community,” loosely comprised of academics, activists, engineers, government officials, and corporate interests.
In theory, this advisory panel could revoke ICANN’s authority entirely should it not live up to expectations — but all actions “are supposed to be done by consensus.”’
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