The Slow, Ineffectual ICANN Is Still the Best Option for Internet Governance
There's an old saying about the weather: "Everyone complains about it, but no one ever does anything about it." The same might be said about the Internet Corporation for Assigned Names and Numbers, or ICANN. Ref. Source 8
I just read this from PCWorld (Can't put link) but I'm sure you can find the original source. Anyway, its bad news because now they will be free to makeup whatever they like and charge for it too!