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By John Willman in London
Published: May 30 2006 22:00 | Last updated: May 30 2006 22:00

A bid to regulate audio-visual content on the internet in the same way as in television broadcasts will drive jobs out of the European Union, businesses from seven member states will warn on Wednesday
Business federations say changes proposed by the European Commission to the Television Without Frontiers directive will stifle the development of digital content and services across the EU by applying rules designed for traditional broadcasters to all online audio-visual content.

Ahead of a European parliament meeting on Thursday to discuss the draft legislation, the business federations will argue that attempting to regulate online content could force media companies to move their internet operations outside the EU. New regulation would be particularly damaging to the small and medium-size companies that are among the most innovative in the new media.

http://news.ft.com/cms/s/f3ab22f8-f005-11da-b80e-0000779e2340,_i_rssPage=5025ac56-c98f-11d7-81c6-0820abe49a01.html

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