The document discusses several key issues regarding internet law and regulation. It notes that while the internet may seem unregulated, there are some existing laws. However, regulating the internet is difficult due to its worldwide nature and anonymity. Several areas of internet law remain unclear, such as online defamation, the liability of internet service providers, and how to address cyberbullying while protecting free speech rights. Overall the passage examines both existing internet laws and legal issues that courts continue to evaluate.