Spain's Prime Minister Pedro Sánchez called for tighter European Union regulation on social media platforms during a speech at Davos on Wednesday.

DAVOS, Switzerland — Spanish Prime Minister Pedro Sánchez said on Wednesday that tech billionaires want to use social media “to overthrow democracy” — adding he’ll push EU leaders to take action.

DAVOS (Reuters) - Social media owners should be held responsible for "poisoning society" and eroding democracy with their algorithms, Spanish Prime Minister Pedro Sanchez told the World Economic Forum in Davos on Wednesday.

Spain’s Prime Minister Pedro Sanchez said the EU should put an end to anonymity of users in social media platforms and hold their CEOs personally accountable if they fail to comply with the bloc’s regulations.

Spanish Prime Minister Pedro Sanchez on Wednesday proposed ending anonymity for social media users and forcing tech tycoons to provide accountability if their platforms "poison society".