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IPFS News Link • Business/ Commerce

US Companies Are Throwing a Fit Because They're Losing Control Over the Internet

• motherboard.vice.com

In a US House of Representatives Judiciary Committee hearing today, representatives from the International Trademark Association, Amazon, and other US-based internet commerce organizations testified about how they've been treated unfairly by the International Corporation of Assigned Names and Numbers (ICANN), the non-profit corporation charged with managing new domain names.

ICANN, founded in the US in the late 1990s, will officially cut its ties with the American government this year in a move expected to further internationalize internet governance with input from foreign companies and governments. Steve DelBianco, executive director of online commerce advocacy group NetChoice, made the urgency of the situation for American corporations clear when he told the committee that this was its "last chance" to leverage the power that it was "about to relinquish."


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