This is a multidisciplinary work that encompasses considerations of politics, regulation and technology. It considers the impact of technology on the way in which, politically, we are able to regulate technology and how we devise policy to guide that regulation. The added complication is that Internet technology knows no jurisdiction. The rulemaking established in recent years is globally applicable and is carried out without the direct involvement of national governments in the key decision making processes, particularly in the environment under examination here which focuses on the management of the technical resources of the Internet. In formulating the hypothesis that grounds this work, I have focused on two things. Firstly, that technical regulation has political, and therefore, policy implications. Secondly, that where there are policy implications with direct commercial impact, we can expect to see the vigorous involvement of corporations as they manage the environment in which they do business. These two critical conditions have driven the formulation of policies and procedures for making decisions about Internet governance. They have also driven the actual decisions which have been implemented, to a greater or lesser degree of success. This research contributes to the scholarship in four significant ways. The first is that the Internet Domain Name System (IDNS) and its governance present a new perspective on the discussion of the globalisation of business regulation. The data used to support the analysis has not been collated or examined previously and is presented here to illustrate the extension of the literature and to frame the hypothesis. The second is that I have found that national governments have, despite ongoing control within their national jurisdiction, little effective influence over the management and governance of the Domain Name System (DNS) at an international level. Thirdly, I have found that corporations have significant power to determine the way in which policies for the management of the technical resources of the Internet are discussed, developed to consensus policy positions, implemented and reviewed. Finally, the research has opened up new lines of inquiry into the rise of a new class of bureaucrats, the cosmocrats and their cosmocracy, on which further research continues.