Digital Networks Act: EU reportedly waives billions in fines for Big Tech
The Digital Networks Act was supposed to make Big Tech pay. But instead of strict regulation, Netflix, Google, and Meta are now expecting dialogue and guidance.
#DigitalMarketsAct #DigitalNetworksAct #EU #IT #Netzausbau #Netzpolitik #Regulierung #Wirtschaft #news
@Fedihacker @heiseonlineenglish No, unfortunately this article is partly wrong. Its headline refers to "billions in fines," which is not at all what the #DigitalNetworksAct is about. Also, Heise's Reuters source says nothing about fines.
What Reuters says is that the EC will likely not force #BigTech to pay EU telcos for transmitting data over, you know, the internet.
This (previously planned) #NetworkFee or #UnfairShare has always been a bad idea. And that is @heiseonline's second mistake:
@heiseonline claims #Trump is the reason for the EU to change the #DNA. The truth is the #NetworkFee has been contentious long before Trump was re-elected. Everyone except #BigTelco has opposed it for years: tech industry, researchers, regulators, member states, even civil society.
So the most likely reason for the #EC to not propose Network Fees is everyone said it's a dumb idea.
If I may, @maltekir I really think the article should be corrected. Happy to provide more info in PM.
