Cut off the Internet, form your own little Intranet and name it EuropeNet. What is stopping them from doing this? All they need is a Firewall that blocks US IP addresses? Of course that won't stop us from nicknaming it FacistNet or some other silly name. :)

Taking control of the Internet, or shutting off the rest of the world, kind of defeats the purpose of a Global Network, don't it?

Anyway, we should form a group like the UN, that can pass Internet Laws that everyone has to follow. Each country will have their own representatives on that group to help decide the laws of the net. Each country will have their own Super Firewall to block out websites that do no follow their local laws. Rename the Internet to the Censornet, make an Adult version of NetNanny for Grownups to block unlawful sites.