Like Shelly said, no one country "owns" the Internet. This won't stop the GOP from junking network neutrality, though, and ruining the Internet in the US.
Without network neutrality, the big ISPs (who often have a monopoly or duopoly in their areas) can tell Internet companies to either pay them or face slower speeds to their customers. In other words, if you're on Comcast and decide to stream a movie on Netflix, Comcast can decide to slow the service down until Netflix pays Comcast.
The ISP's theory for this is that the Internet companies are using their "pipes for free." In reality, each company/person pays for their own service. On one end, the customer is paying Comcast for Internet access (including Netflix). On the other end, Netflix pays for their own Internet connection.
The real reason the ISPs want to junk network neutrality is:
1) They see the Internet companies making money and want a piece of the action. It's like if Sprint sees a pizzeria making money off of phone orders for pizza and so demands the pizzeria pay them for access to Sprint customers even though the pizzeria pays Verizon for their phone line.
2) Most of these ISPs are cable companies that have their own video services (cable TV) which are suffering from competition. (Aka "cord cutting.") The cable companies can't compete with the Internet companies - because that would require making major changes to cable TV. So, instead, they want to make the Internet video services unusable unless the Internet companies pay the cable ISPs extra money.
(Side note: This is also the reason for caps and overages on Internet access. It's an attempt to limit how much you use Netflix and the like. Use them too much and your bill rises which - the cable ISPs hope - makes cable TV look like a better deal.)
All of this was avoided by the FCC's network neutrality rules, but they're about to be thrown out the window and the new FCC will let the ISPs do whatever they want. Do they want to institute a 5 MB data cap followed by $1 per MB used overage fees? It'll be allowed. Slow speeds if you're using any video service not owned by the ISP? No problem. And you'll have to take it because there won't be any alternatives that you can use to vote with your wallet.
