Presidential candidate Elizabeth Warren vows to break up Amazon, Facebook, Google

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Senator Warren says she wants the government to work for people, not for the giant tech companies.

Senator Elizabeth Warren has vowed to break up Amazon, Google and Facebook if elected US president, to promote competition in the technology sector.

Some of those in attendance said they didn't know enough about Warren's proposal to back it fully but they trusted her policy expertise. Shares of Facebook closed up 0.3 per cent on Friday, while Alphabet Google fell 0.08 percent and Amazon.com lost 0.3 percent.Warren also proposed legislation that would require tech companies like Google and Amazon that offer an online marketplace or exchange to refrain from competing on their own platform. This would, for example, forbid Amazon from selling on its Amazon Marketplace platform.It is rare for the government to seek to undo a consummated deal.

Facebook has angered lawmakers for losing track of users' data and for not doing more to stop foreign meddling in the 2016 US presidential election.

 

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Breaking up the corrupt MSM would be more intelligent... Rather than the biased crap without objective journalism...

Good. Very uncompetitive market with massive power for virtual monopoly players. Facebook pretty obvious - make them sell Instagram and WhatsApp. Amazon and Google more complicated I think.

The climat-race card lol

That there will make her as popular as hell with the big dudes.

You can't break up companies!!

Old tonto

How about fixing the tax code so these companies pay a fair share of taxes.

And the banks? How about the government while you’re at.

Like Obama vowed border security? Puppet.

. She’s in the warpath.

She is just there to make the moderate candidates more palatable, another DNC sideshow like Hillary and Sanders winner has already been picked

The algorithms will have already been written, oh well

She has no credibility...

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White House hopeful Elizabeth Warren targets Big Tech breakupDemocratic presidential hopeful Elizabeth Warren is arguing that firms such as Amazon, Google and Facebook hold ' too much power' in society.
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White House hopeful Elizabeth Warren targets Big Tech breakupDemocratic presidential hopeful Elizabeth Warren is arguing that firms such as Amazon, Google and Facebook hold ' too much power' in society.
Source: SBSNews - 🏆 3. / 89 Read more »