The European Commissioner for Competition, Margrethe Vestager, said on Monday that digital businesses should pay their fair share of tax in the EU.

The Commissioner touched on a wide range of issues, from democratic control and the threat of power in the digital world to taxation and privacy.

Vestager was delivering the 14th annual Anna Lindh lecture in Lund, Sweden. Her speech was titled “Democracy and Power in a Brave New World: Economy, Technology and Human Rights."

"The digital transformation that we’re going through today is affecting almost every part of our world. We’re finding that we need to look again at the rules and regulations that govern our lives, to make sure they strike the right balance between the needs of the different parts of our society.

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