The European Commission drew criticism from Meta Platform and other Big Tech firms on Thursday with the launch of a consultation on who should foot the bill for billions of euros of investments in Europe's telecoms network.
"Meta invests tens of billions of dollars in our apps and platforms every year to facilitate the hosting of content, creating enormous value across the digital ecosystem," a spokesperson said.
"The burden of these investments is heavier and heavier. And that is in part because of a low return on investment in the telecoms sector, the increase of the cost of raw materials, and the world geopolitical context, the cost of energy, of course, because that has a big role to play," he told a news briefing.
Breton said a contributions mechanism could be one of the solutions. Other options include a continental or digital levy or fund aTelefonica CEO Jose Maria Alvarez-Pallete said Big Tech is as much a customer as other users.
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