To what extent do you think people should be free to share/exchange information on the internet?

I am personally very liberal, as people should have the right to do anything as long as they are not directly damaging anyone's pockets(phishing paypal accounts, keyloggers, etc).

I am looking to start a discussion about the influence of corporations and laws on the internet, as the freedom we have taken for granted is currently being threatened. Do you think the internet needs more regulations? Less? Please provide an explanation for what you think and why you think it.