A very short and precise answer is no one, no single person or organization controls the Internet, it is the whois database that ultimately determines who holds what domain name for the .com and .net domains. Presently Network Solutions, Inc., a division of Verisign, under contract with the umbrella organization controls domains. Internationally speaking, there is truly no one entity in charge, as each national domain (.uk, .fr, etc.) has its own registrars. Certainly the global physical network itself does not belong to any one company.

Web browsers and web servers have pre set standards controlled by the Internet Engineering Task Force and the W3C Consortium, both of which are made up of many representatives from many companies. Again, no one organization is in control.

There have been predictions that Google has control over the WWW, because it is the most popular search engine, and for a period of time several other "competing" search engines actually relied on Google for their results. However, Yahoo has stopped using Google in this way, and Microsoft has announced its intention to compete seriously with Google.

Who are the Internet bodies and Organization?

Internet bodies and organizations are responsible for Internet's protocols and parameters and monitors activities.  In other words these bodies guide the Internet in a significant sense. They work for internet and www’s smooth process to let the whole world use internet and its resources.

• Almost all Internet technological standards are developed and set by the group consisting of the Internet Society (ISOC) and the units operating under the auspices of ISOC: the Internet Architecture Board (IAB), the Internet Engineering Steering Group (IESG), the Internet Engineering Task Force (IETF), the Internet Research Steering Group (IRSG), the Internet Research Task Force (IRTF), and the RFC Editor. It is important to note that, while these units are responsible to ISOC, ISOC allows them a large degree of independence in their technical work.

• Internet domain names and IP addresses are the province of the Internet Corporation for Assigned Names and Numbers (ICANN) and its Internet Assigned Numbers Authority (IANA).

• World Wide Web standards are developed by the World Wide Web Consortium (W3C).