ICANN under Scanner - Domain Prices may become affordable someday...

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A chorus of House Energy and Commerce Communications Subcommittee members today called for an extension of the U.S. government's formal oversight agreement with the nonprofit that administers the Internet domain name system, citing concerns about the 11-year-old organization's transparency, accountability, budget processes, and stakeholder affairs. The Internet Corporation for Assigned Names and Numbers remains "far from a model of effective and sustainable self-governance" and it would be unwise to shrink the federal government's role amid increased cyber attacks and rapid Internet innovation, Rep. John Dingell, D-Mich., said at a hearing. Subcommittee ranking member Cliff Stearns, R-Fla., Mike Doyle, D-Pa., John Shimkus, R-Ill., and Lee Terry, R-Neb., each backed the extension of a joint project agreement between ICANN and the National Telecommunications and Information Administration.

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