Europe needs fair rules of play

Brussels wants digitisation to become a catalyst that will help EU economies recover from a pandemic. But for this to happen, the activities of technology companies must first be regulated and taxed

In March, the European Commission presented its ‘Digital Compass’, setting forth digitisation goals to be achieved by 2030. 5G networks are to be available everywhere, the EU plans to double its share of global semiconductor production, 80 per cent of Europeans are to be equipped with basic digital skills and a digital identity card, and key public services and medical records will be available online. 75 per cent of businesses will use the cloud, artificial intelligence and big data. The digital revolution is also meant to reach small and medium-sized enterprises, the vast majority of which (90%) are expected to adopt digital technologies at least at a basic level.