In January 2012, millions participated in the now—infamous “Internet blackout” against the Stop Online Piracy Act, protesting the power it would have given intellectual property holders over the Internet. However, while SOPA’s withdrawal was heralded as a victory for an open Internet, a small group of corporations, tacitly backed by the US and other governments, have implemented much of SOPA via a series of secret, handshake agreements. Drawing on extensive interviews, Natasha Tusikov details the emergence of a global regime in which large Internet firms act as regulators for powerful intellectual property owners, challenging fundamental notions of democratic accountability.