Exclusive-EU wants details of Big Tech, telcos investment plans - source

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

BRUSSELS : The European Commission wants to ask Big Tech and European Union telecoms providers about their investment outlays and cloud infrastructure plans before tabling legislation that could make the former pay for network costs, a person familiar with the matter said on Tuesday. Deutsche Telekom, Ora

BRUSSELS : The European Commission wants to ask Big Tech and European Union telecoms providers about their investment outlays and cloud infrastructure plans before tabling legislation that could make the former pay for network costs, a person familiar with the matter said on Tuesday.

Alphabet Inc unit Google, Netflix Inc, Meta, Amazon.com Inc and other tech giants say the idea amounts to an internet traffic tax that could undermine Europe's net neutrality rules treating all users equally.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Xi warns China officials to avoid ‘collusion’ with big businessHe also warned against “any infiltration of capital into politics'. Read more at straitstimes.com. Xi is one man. People against business in the CCP might find they are less powerful than they think they are. Money always corrupts and wins in the end. CCP is already on the fast track to inequality. Communism failed thanks to greed and no longer exists in China 🤣
Source: STForeignDesk - 🏆 4. / 71 Read more »