Who Actually Owns Domain Name Registration.?

Question

Who Actually Owns Domain Name Registration, i mean when we buy a domain name who do we pay for the privilege. I know hosting company's offer domain name registration and take a cut if they are a reseller, but who owns the actual business.

Answer 1

I'm not sure that it is a business. I think if you have a domain name server you can register domains. It is more of a standard than a business. I found this: http://en.wikipedia.org/wiki/Internet_Co...

That organisation oversees domain names but isn't a business but a non-profit organisation.