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EU Commission strikes to hyperlink ‘fair share’ debate with the metaverse –

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Eu Commission Moves To Link ‘Fair Share’ Debate With The Metaverse –

The EU’s upcoming proposal to make on-line content material suppliers contribute to the price of digital infrastructure will embody the rising volumes of information utilized by the metaverse and digital worlds, based on a letter obtained by EURACTIV.

The letter, signed by European Commission President Ursula von der Leyen and dated 22 December 2022, is a response to Renew MEP Valerie Hayer who in September coordinated one other letter endorsing the so-called ‘fair share’ initiative and calling for fast progress.

‘Fair share’, also referred to as the sender-pays precept, relies on the argument from giant European telecom operators that on-line platforms like Netflix and Google don’t sufficiently contribute to community prices whereas reaping a lot of the advantages of the digital financial system.

Hayer’s letter was co-signed by influential MEPs from the conservative, liberal and progressive political teams.

In Could, Inside Market Commissioner Thierry Breton introduced that the European Commission was wanting into the matter to make sure that the telecom service suppliers would have acceptable returns when investing in high-capacity networks, and intends to current an initiative on the matter by the tip of 2022.

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