EU's Breton cites telcos' investment gap for Big Tech network fee push


FILE PHOTO European Internal Market and Industry Commissioner Thierry Breton speaks at a news conference in Brussels Belgium February 23 2023. REUTERSYves Herman

FILE PHOTO: European Internal Market and Industry Commissioner Thierry Breton speaks at a news conference in Brussels, Belgium February 23, 2023. REUTERS/Yves Herman/

BRUSSELS (Reuters) - Europe is falling behind other regions and needs to invest massively in its telecoms network to achieve its digital goals, EU industry chief Thierry Breton said on Tuesday as he defended a push to get Big Tech to help fund the rollout of broadband and 5G.

Breton's comments put him at odds with the EU telecoms regulators' body which said last month it did not see a competition problem or market failure to warrant any legislation on this issue.

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