AUSTIN: Democratic presidential hopeful Elizabeth Warren said breaking up giant tech companies would “keep the marketplace competitive,” during an appearance at one of the biggest technology events in the US.
“The idea behind this is for the people in this room,” for tech entrepreneurs who want to try out “that new idea,” Warren told a packed and enthusiastic crowd. Referring to previous eras of US monopoly bust-ups, Warren, 69, said that what’s new is old: when someone gets excessive market dominance, they start to destroy the market competition.
The conference has evolved into one of the country’s defining cultural events, combining music and film festivals with showcases for technology and politics.
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