EU to consult on making Big Tech contribute to telco network costs

FILE PHOTO: Facebook, Amazon, Netflix and Google logos are seen in this combination photo from Reuters files./File Photo

PARIS/BRUSSELS (Reuters) -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.

Europe's telecoms operators have long lobbied for a financial contribution from U.S. tech firm's such as Alphabet's Google, Meta's Facebook and Netflix, saying that they use a huge part of the internet traffic.