Darrell Issa actually said...

"If we assume for a moment that the charter of ICANN is or should be the interest of commerce--in other words, a fiduciary obligation to promote commerce, not to enrich themselves, or even enrich peopl..."

"There does seem to be two prices, the price when there is competition and the price when there is extortion."

"My question is that if we assume that ICANN exists for the public benefit... is there any reason cost-wise that these names would have to cost more than $10 a year?"

"ICANN is a California-registered non-profit. Now, non-profits, even though they pay their CEO millions of dollars, non-profits can only be non-profits if they, in fact, exist for a public benefit."