The participants...were largely optimistic that provided market forces could be brought to bear on the issue of critical information infrastructure protection, many of today’s challenges could be alleviated.

Viktor Mayer-Schönberger is Assistant Professor of Public Policy at the Kennedy School of Government, Harvard University. His work focuses on business, legal, and policy issues on the new economy. He is also an expert on the European Union, especially its regulatory framework and business-government relations. He holds several law degrees, including one from Harvard and an MS in economics from the London School of Economics.

As the Internet grows ever more pervasive, the debate continues over what ought to be the proper relationship between existing law and this new virtual realm called "cyberspace."

Over the past decade, the US and the European Union (the "EU") have liberalized their telecommunication markets. At the same time, the telecommunication sectors on both sides of the Atlantic have experienced rapid growth and diversification. Undoubtedly, liberalization have unleashed vast new markets and permitted a whole array of fresh opportunities.