div > div.group > p:first-child"> In a blog post, the Democratic presidential hopeful from Massachusetts wrote that she wants to make"big, structural changes to the tech sector to promote more competition." Those overhauls would include"breaking up" Amazon, Facebook and Google — companies that have come under scrutiny for user data security and consolidation of services such as e-commerce and digital advertising.
Warren's proposal comes as pockets of the 2020 Democratic primary field have called for more drastic action to protect consumers and workers from what they call Silicon Valley abuses. Sen. Amy Klobuchar, D-Minn., has floated legislation to protect consumer data amid concerns about what user information Facebook shares with third-party companies.
Various parties would have the right to sue over the violation of those rules. A company in violation would have to pay a fine worth 5 percent of annual revenue. "Here's what will change: Small businesses would have a fair shot to sell their products on Amazon without the fear of Amazon pushing them out of business," Warren wrote."Google couldn't smother competitors by demoting their products on Google Search. Facebook would face real pressure from Instagram and WhatsApp to improve the user experience and protect our privacy. Tech entrepreneurs would have a fighting chance to compete against the tech giants.
Why that's called capitalism. Then other big company from other countries will do the same thing
Pocahontas ewarren is OFF-THE-RESERVATION!
Warren is breaking up our 401k’s and investment accounts. FAANG stocks are the most widely held companies because it’s the only way the public can stay prosperous, by participating in capital gains. WTF Warren! 😡😡
Cuz they don’t create any new jobs
Good, it is the right thing to do, and it MUST BE DONE
The world is different today. Our governments have pushed for globalization, interdependence, codependency. Now we want to break up our leading companies while our competitors are growing theirs?
Of course she does, is anyone surprised?
Should Walmart be broken up? Target? How about mega-grocery store chains Kroger who owns about a dozen grocery store brands? There's McDonalds and Starbucks on every corner hurting mom & pop restaurants and coffee shops respectively? Where does it start and stop is my concern?
Free Market Govern itself Quality & Qualifications? Competition & for LEAGUE Profit Of Wisdom, & Financial Profit from Consumers. Thus LEAGUE Exponential. FB Governed by Twitter, Twitter Governed by Youtube, Youtube Governed by Media, Media Governed by Dems 73 Million?
She lived the dream so long Aunt Lizzy still wants to take scalps.
Poor Liz.
She’s 🥜 nuts. Delusional- none of that is evenly remotely possible, especially from her. Entertaining though watching her try..
Those companies broken up will be worth more than the whole. Rich get richer
Good!
These people are out of their minds!
Lets break up congress instead with term limits
I want them to break up Snapchat it is very critical importance
Start by breaking up the White House and Fox.
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