New net rules would hit digital economy: diplomat

DUBAI (Reuters) – Inter-governmental regulation of the Internet could deter investment, raise costs for consumers and hinder online access, a U.S. diplomat said on Wednesday. The United States has been leading efforts to stop a United Nations body from extending its authority into cyberspace. U.S. Ambassador Terry Kramer reiterated his country’s “hands off” message at a summit hosted by the International Telecommunication Union that could decide the future of the Internet, at present largely unregulated at a global level. …

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