"Unwinding these mergers will promote healthy competition in the market — which will put pressure on big tech companies to be more responsive to user concerns, including about privacy," Warren said Friday.A new plan to target America's largest tech companies would roll back Amazon's 2017 acquisition of Whole Foods.
The plan would force the rollback of Amazon's acquisition of Whole Foods, along with some other massive tech industry deals. In the post, Warren says that tech giants have used mergers to maintain dominance and cut down on competition. Her administration would"appoint regulators committed to reversing illegal and anti-competitive tech mergers."
That's one of the problem with politicians they know nothing about what they WANT to do. If heading up the country is not clear by now something is very wrong, It takes a seasoned business person to get results. Those who dispute success are fools.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: politico - 🏆 381. / 59 Read more »