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The European Union’s executive body will launch a consultation early next year on whether tech giants should bear some of the costs of Europe’s telecoms network, EU industry chief Thierry Breton said on Friday.

[File Photo] Facebook, Amazon, Netflix and Google logos are seen in this combination photo from Reuters files.[File Photo] Facebook, Amazon, Netflix and Google logos are seen in this combination photo from Reuters files.

“We also need to review whether the regulation is adapted with the ‘GAFAs’ for example, which use bandwidth telecom operators,” Breton told reporters, speaking in French.Breton said that this particular issue, or so-called potential “fair share” of US tech companies in the financing of the European telecoms and internet infrastructure, will be part of a wide consultation that will entail metaverse — the shared virtual world environments which people can access via the internet.

These firms have argued that the introduction of any new financial contribution would challenge “net neutrality”, or the principle that internet service providers should enable access to all content and applications regardless of their source. Breton said the consultation would be launched in the first quarter of 2023 and take five to six months. The EU Commission’s proposals will follow, he said.

 

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