Juncker upsets Web firms with EU internet plan

By Foo Yun Chee and Alissa de Carbonnel BRUSSELS (Reuters) – European Commission President Jean-Claude Juncker announced measures on Wednesday to rein in the world's technology giants, improve broadband speeds and cut the cost of internet access, trying to rally popular support for an EU battered by Brexit. The reforms are likely to shift some wealth from internet services such as Google and Facebook to European telecom groups, which have largely missed out on the tech sector's surging growth and have lobbied hard for more flexible rules that would give them more money to invest in faster broadband access.

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