Here it comes, this will become an epic issue.

(Guardian) Old allies in world politics, representatives from the UK and US sat just feet away from each other, but all looked straight ahead as Hendon explained the EU had decided to end the US government's unilateral control of the internet and put in place a new body that would now run this revolutionary communications medium. […] now the world's governments are expected to agree a deal to award themselves ultimate control. It will be officially raised at a UN summit of world leaders next month and, faced with international consensus, there is little the US government can do but acquiesce.

This will get ugly fast. The US put all the time, money, and resources into developing this medium, and thus has a proprietary right to control it. Aside from that, there is a very obvious strategic value to have the ultimate control over it.

This may be a deal breaker for the US. I think they are picking the wrong time (the wrong President) to try and push this one.

Anyone else find it ironic that now the world, once again, wants to take what the US has given it, and then tell us to go away?