Senator and presidential candidate Elizabeth Warren announced a plan to break up tech giants Amazon, Facebook, and Google.
Warren wrote that: “Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy. They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else”.
Warren also wrote: “That’s why my Administration will make big, structural changes to the tech sector to promote more competition, including breaking up Amazon, Facebook, and Google.”
In particular, Warren mentioned “anti-competitive mergers,” such as Amazon’s ownership of Whole Foods and Zappos, Facebook’s WhatsApp and Instagram, and Google’s Waze, Nest, and DoubleClick.
Warren claims that: “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”.