A majority of EU member states are against big tech facing a levy to help cover the costs of telecom networks. Sources said that member states are concerned about negative consequences.
Sources familiar with the matter have told Reuters that a majority of EU member states are against a levy on big tech companies to help cover infrastructure costs. The countries warned that a levy could lead to an investment gap and extra costs being passed on to consumers through higher prices.
The countries that were critical of the levy include Austria, Belgium, Czechia, Denmark, Finland, Germany, Ireland, Lithuania, Malta, and the Netherlands.
