[governance] ICANN's legal status

[David Conrad]

Carlos,

On Sep 4, 2012, at 10:42 AM, Carlos A. Afonso <ca at cafonso.ca> wrote:
>> MM: It is a California "nonprofit public benefit" corporation" (or at
>> least, it is pretending to be one, until such time as it really
>> pisses someone off and they challenge its nonprofit status).
> Hmmm... like now, in which a non-profit gets hundreds of millions in
> fees from the sale (should we use a different word?) at absolutely
> arbitrary prices of mnemonics to blocks of Internet addresses?

"Non-profit" does not mean "can't engage in commerce".

Given the likelihood of lawsuits, I suspect the "hundreds of millions in fees" will not add up to much in the way of profits (well, for anyone but the lawyers)...

Regards,
-drc


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