Who Really Runs the Internet? : Roll Call Policy
: " . . . Following Postel’s death, the Commerce Department issued a contract to the Internet Corporation for Assigned Names and Numbers, which took over the IANA functions including the management of the domain name system. That makes ICANN the primary policymaking body for Internet addresses, with over 100 countries contributing input as stakeholders, including the United States. However, the Commerce Department’s National Telecommunications and Information Administration still manages the contract with ICANN and in theory would have the authority to contract with another organization to oversee the technical administration of the DNS system. The NTIA’s reluctance to interfere with ICANN has preserved the arrangement for years, but it was tested by ICANN’s plan to expand top-level domains during the past decade. . . ."
more news links below