Does it bother anyone else that the entire internet is basically owned and operated by a single centralized entity (ICAAN)

spederan
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Been trying to get a grasp on how the internet truly works and how we are able to use it to the advantage of the liberty/privacy of the individual, and it seems that the entire thing is like owned by some highly regulated private company.

ICAAN from wikipedia:

The Internet Corporation for Assigned Names and Numbers (ICANN /ˈaɪkæn/ EYE-kan) is an American multistakeholder group and nonprofit organization responsible for coordinating the maintenance and procedures of several databases related to the namespaces and numerical spaces of the Internet, ensuring the network's stable and secure operation.[2] ICANN performs the actual technical maintenance work of the Central Internet Address pools and DNS root zone registries pursuant to the Internet Assigned Numbers Authority (IANA) function contract. The contract regarding the IANA stewardship functions between ICANN and the National Telecommunications and Information Administration (NTIA) of the United States Department of Commerce ended on October 1, 2016, formally transitioning the functions to the global multistakeholder community.[3][4][5][6]

Much of its work has concerned the Internet's global Domain Name System (DNS),[7] including policy development for internationalization of the DNS, introduction of new generic top-level domains (TLDs), and the operation of root name servers. The numbering facilities ICANN manages include the Internet Protocol address spaces for IPv4 and IPv6, and assignment of address blocks to regional Internet registries. ICANN also maintains registries of Internet Protocol identifiers.

ICANN's creation was announced publicly on September 17, 1998,[9] and it formally came into being on January 15, 1997, incorporated in the U.S. state of California.[10] Originally headquartered in Marina del Rey in the same building as the University of Southern California's Information Sciences Institute (ISI), its offices are now in the Playa Vista neighborhood of Los Angeles.

So basically this American company in Los Angeles California controls all of the world's domains and IP address infrastructure. If you connect to the internet, you are connecting to them, through them, with their permission. If they dont like what you are doing, they can take your website and your internet away from you.

How is this fair? Who made Los Angeles California in America the king of the world?

###"If you dont like it, go create your own internet!"

What can be done about this from a cypherpunk perspective? Can Monero transcend a centralized government and crony corporation controlled internet?