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Davos bosses fret over threats to Internet free trade

Vittorio Colao, CEO of Vodafone Group, gestures during the session The issue is a hot topic at this year's World Economic Forum in Davos, and the forum is seeking to provide a platform for debate over ways to maintain an open, cross-border Web in the face of pressures for national regulation. Quite frankly, there is a temptation,” said Vittorio Colao, chief executive of mobile telecoms group Vodafone, who pointed to different regulatory regimes as an impediment to network traffic. A 2014 report by the Boston Consulting Group estimated the Internet economy will be worth $4.2 trillion in the major Group of 20 (G20) economies by 2016 and, if it were a country, it would rank among the top five in the world, ahead of Germany.


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