A Big Tech telco tax could backfire badly

Google, Meta, Netflix, Apple, Amazon and Microsoft generate 56% of all global internet traffic. (Image: Getty)

Thu, 13 Oct 2022

Here’s a sobering fact about internet use: about 56% of all global internet traffic is generated by six companies – Google, Meta, Netflix, Apple, Amazon and Microsoft.That’s how concentrated the internet has become, dominated by a handful of companies that deliver digital services to billions of people. According to telecoms consulting firm TeleGeography, global bandwidth usage grew at a rate of 30% between 2018 and 2022. Bandwidth capacity itself increased 28% this year alone, to a total of 997 terabits per second.Very soon,...

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