EU to Consider Tech Giants in Telecom Costs

Share post:

According to Thierry Breton, European Commissioner for the Internal Market, the European Union’s executive body will launch a consultation in early 2023 on whether technology giants should bear part of the cost of Europe’s telecoms networks.

Previously, European telecoms operators had argued for financial contributions from companies such as Google, Facebook and Netflix, claiming that they account for a significant share of internet traffic.

“We also need to look at whether the regulation is compatible with the GAFAs [Google, Apple, Facebook and Amazon], which use telecom operators’ bandwidth,” Breton said.

In addition, the consultation would start in the first quarter of 2023 and last five to six months, followed by the Commission’s proposals, and it would be part of a broader discussion that would cover broader issues such as the metaverse.

In response, these tech titans have argued that any new monetary obligation would jeopardize “net neutrality,” or the principle that internet service providers should provide access to all content and applications, regardless of origin.

This comes at a time when some MEPs are gearing up to write a letter to Commission President Ursula Von der Leyen, Breton, and EU digital chief Margrethe Vestager, calling on them to ensure that companies that generate the most traffic on the network infrastructure contribute fairly and proportionately to the costs.

The sources for this piece include an article in Reuters.

SUBSCRIBE NOW

Related articles

EU competition legislation gives alternative browser a 250% boost

The European Union's Digital Markets Act (DMA), effective from March 7, 2024, is beginning to reshape the mobile...

US Bill Aims to Unveil AI Training Data Sources Amid Copyright Concerns

In a significant move toward transparency, a bill was introduced in the US Congress on Tuesday by California...

One billion dollar copyright infringement killed on appeal

The $1 billion copyright infringement verdict against Cox Communications was overturned by a federal appeals court, which ruled...

Serious IT incidents in Canadian financial sector almost tripled in 2023

MPs told there were 28 reportable Priority 1 IT incidents in 2023, up from 10 the y

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways