‘Nothing would stop the creation of a competing Domain Name Server by a major registry service like GoDaddy.’
It depends on the government. For example, Obama’s regime or Hillary’s regime or China.
Our current legislation empowers ICANN to draft each TLD’s
‘Registry Operator Code of Conduct’. This restricts them.
Currently the these codes of conduct have little oversight. But that can change if Obama or Hillary bows to international law.
Trump Opposes President Obama’s Plan to Surrender American Internet Control to Foreign Powers
http://www.freerepublic.com/focus/news/3472196/posts