European Commission weighs broad levy on large corporations instead of targeting US tech

The European Commission is considering a broad levy on all large corporations to avoid singling out US digital services groups, according to sources cited by the Financial Times. The measure would apply to big business in the EU rather than only American tech companies.

• European Commission weighs a broad levy on all large corporations
• Aim is to avoid singling out US digital services groups
• Measure could affect large businesses across the EU