Internet is the future, filled with exciting opportunities and significant
challenges, for individuals, financial institutions, businesses
of all types, governments, Americans and our counterparts around
the globe. Binding people together personally, professionally
and economically—those who engage in buying and selling, learning
and teaching, talking and listening—in ways that were not
contemplated even a few years ago, and which hold the promise of
ushering in a new age and making the world even smaller.
- The Internet is growing faster than all other technologies that
have preceded it. According to the U.S. Commerce Department,
it took 38 years before radio had 50 million listeners and television
took 13 years to reach that mark. The Internet crossed the
line in just four years. See also World
Internet Usage Statistics & Population Stats.
- Internet users are becoming increasingly comfortable with making
secure credit card and other purchases on the World Wide Web.
- The Internet—the complex international "network of networks"
that interconnects innumerable smaller groups of linked computers—makes
it possible for more than a billion people to communicate
with one another and rapidly exchange electronic messages, and
access vast amounts of information from around the world.
Taken together, the Internet, the World Wide Web, the networks,
search engines and the like constitute the unique medium known
as Cyberspace—located in no
particular geographical location but available to anyone, anywhere
in the world, with access to the Internet.
Web is comparable, from the user's standpoint, to both a vast
library including millions of readily available and indexed publications
and a sprawling mall offering goods and services. From the
point of view of a Web publisher, or a site's owner, it constitutes
a platform from which to address and hear from a worldwide audience
of billions of readers, viewers, researchers, buyers and sellers.
Any person or entity with a computer connected to the Internet can
publish information today, and the future seems virtually limitless.
the Internet's unprecedented growth, it has been said that the "Information
Superhighway" of today is still a "dirt road" when compared to where
it will go in the future. As the Internet develops, so will
the laws, legislative proposals, litigation and regulation relating
- Debate continues worldwide concerning what entities will administer
and regulate domain names, and how to deal with them as they continue
to grow rapidly.
- Important issues such as Internet privacy and security, and
the permissible uses of encryption products, will increase.
- Internet tax proposals at the federal and state levels, and
similar government tax and tariff proposals abroad—now and
in the future—could stifle the growth of this technology.
Other plans to regulate the Internet are also receiving
increased attention from governmental entities around the world.
- Litigation—involving contract disputes; trademark and
copyright infringements; fraud and deceit; misleading and deceptive
practices; wrongful appropriation, registration and use of domain
names; unfair competition; violations of the federal Computer
Fraud and Abuse Act and the Economic Espionage Act of 1996; and
state computer crimes acts and the Uniform Trade Secrets Act,
as well as other federal and state laws—is expected to mushroom
in the years to come.
D. Naegele & Associates is prepared to serve your business
and individual needs, involving these and other issues. Whether
the matter concerns Internet commerce, applicable laws and court
decisions, legislative activities, contractual matters, or the resolution
of disputes through litigation or other means, we
stand ready to serve both our American and foreign clients