ICANN: Time to Go?

Recent articles about the ICANN stock losses have me putting into print what many fear to voice. ICANN needs some competition for performance and operations improvement. If competition is the best factor in any free market, why is regulation and administration of the Internet closed to one body?

ICANN has been criticized by various customers clients and partners. But the webmaster community and corporate entities at large have no other choice. At least, that’s what we’ve been told.

European controlled domain names, international markets, geo-based domain name practices, and domain auctions and aftermarket communities have thus far treated ICANN as the pillar authority of the internet community? Does the ICANN organization still merit this esteem?

What is ICANN doing operating in the stock market anyway? Wouldn’t their holdings have been better served to uphold value in the online domain market?

ICANN has lost much of its once burnished operational significance. Stock losses by the reigning domain governance body left me wondering if losing billions of dollars on the stock amrket is not the best indicastor they should be regulating the domain industry.