Regulators in the US and other nations are considering regulations and charging fees to providers similar to those imposed on the traditional telephone companies. This reminds by of the early internet days when telcos screamed for regulations as up and comers became industry leaders overnight. For many telcos, these threats appeared to be nothing more than scare tactics to allow them time to catch up. Look at the recent Verizon/Nortel announcement as a good indication of what their plans are. Would they not just love to have the government limit the growth of Vonage until they are ready to compete? Regulation will kill innovation on the internet. Even the FCC thinks this could be harmful. In the very least, individual countries attempts to regulate will hold back companies from competing. Imagine what would happen if the post office convinced the government that there should be a per email charge to subsidize the postal service? Yes we need to have laws apply to things like piracy, but we shouldn't punish industries offerin new consumer choices.