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General

Telefonica CEO calls on EU regulators to show 'courage' against internet giants

Tuesday 27 October 2020 | 09:50 CET | News
EU regulators must show courage in the face of major technology companies with a view to guaranteeing competition on a level playing field, according to Telefonica's chief executive officer Jose Maria Alvarez-Pallete. In his speech as a virtual guest of this year's edition of the FT-ETNO Summit, Telefonica's CEO said Europe is running out of time to rein in the dominance of OTT players. "Be brave; let us compete under the same rules. It's time to shake up the playing field," he said, adding that "it's a question of values and rights in a digital world."

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Categories: General
Companies: ETNO / Telefonica
Countries: Europe / Spain
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