The contract for ICANN came from the US Department of Commerce and was "sole sourced", which means no-one else (such as the Open Root Server Confederation which was also formed at the time to bid on the contract) was able to submit a bid to perform the task. These tasks include managing the assignment of domain names and IP addresses. To date, much of its work has concerned the introduction of seven new generic top-level domains. Its activities, however, are very controversial.
Rgds,
Abdul Ahad
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