The European Union (EU) will consult the technology and telecoms sectors on whether tech behemoths such as Alphabet Inc’s Google, Meta, and Amazon.com Inc should subsidise network costs.
According to EU telecoms providers such as Deutsche Telekom, Orange, Telefonica, and Telecom Italia, the six largest content providers account for more than half of data internet traffic and should pay their fair share. Netflix Inc, Apple Inc, and Microsoft Corp are also mentioned by the providers. According to the tech titans, the idea is equivalent to an internet traffic tax, which could interfere with Europe’s net neutrality rules, which treat all users equally.
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