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Originally Posted by polish_aristocrat
The US government has renewed its contract with Net overseeing company ICANN to manage top-level technical functions for the Internet's domain name system (DNS).
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Forgetting the niceties of US domestic issues, chances are this will terminate sooner than later.
The deal was for a passing over to an international body which would democratically represent all nations involved on 30th Sept, but Bush renaged on that agreement and most other countries have their own plans channelled thru the United Nation's Working Group on Internet Governance.