"That hasn't stopped speculation and suggestion, however; ideas
have been floated to transfer control to everyone from the U.S.
government directly to the UN to abandoning control all together
and letting it all take care of itself. The European Union has been
vocal for some time with criticism of the unilateral control
exercised over such a global function, and earlier this month, the
European Commissioner for Information Society and Media, Viviane
Reding, proposed her own successor body. Under Reding's plan,
control would be transitioned from the U.S. government via ICANN to
an informal body, based on the G12, that would oversee a new,
completely-independent authority, also to be named ICANN, and an
independent judiciary would be established, presumably to undertake
the dispute resolution functions now performed by ICANN.
"Though it would only meet a minimum of twice each year, Reding
expects it to provide "swift reaction in case of threats to the
stability, security and openness of the Internet." Representatives
would be apportioned to maintain geographic balance, with Africa,
Europe, North America, and South America each dispatching two, Asia
providing three, and Australia one, with the head of ICANN
attending but not voting. The European Commission is holding
hearings into the matter of governing the Internet, with the first
scheduled for just days after Reding's comments."