BEST OF THE WEB

EU refuses to take sides in Big Tech ‘fair share’ debate

EU Industry Commissioner Thierry Breton stated that he would not take sides in the debate over big tech companies paying their fair share of taxes, which is expected to be a hot topic at the upcoming Mobile World Congress in Barcelona.

The event provides a venue for technology companies to showcase their wares and discuss industry issues. According to the article, some politicians and policymakers advocate for higher taxes on large technology companies, while others argue that the current tax system is adequate. As technology companies grow in size and influence, the debate is expected to continue.

Breton defended a 12-week consultation launched last week at the Mobile World Congress (MWC) that could require Big Tech to bear more of the costs. “The real challenge for me is to ensure that our fellow citizens and businesses on our streets across the EU – including here in Barcelona – have access to fast, reliable, and data-intense Gigabit connectivity by 2030,” he said.

Meanwhile, Google, Meta, and Netflix are expected to oppose the idea. While Deutsche Telekom, Orange, Telefonica, and Telecom Italia have actively advocated for Big Tech to pay the fees. The Dutch government has also warned against charging tech companies for internet access, becoming the first EU government to criticize Breton’s consultation. It claimed that such a move would violate net neutrality rules and result in price increases for Europeans.

Other topics to be discussed include the rate of 5G adoption, which has disappointed some executives, and the potential applications of generative AI systems like OpenAI’s ChatGPT.

The sources for this piece include an article in Reuters.

IT World Canada Staff
IT World Canada Staffhttp://www.itworldcanada.com/
The online resource for Canadian Information Technology professionals.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

ITW in your inbox

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

More Best of The Web