Elizabeth Warren: Here’s how we can break up Big Tech
America’s big tech companies have achieved their level of dominance in part based on two strategies: 1) Using Mergers to Limit Competition Using and 2) Proprietary Marketplaces to Limit Competition. My administration would restore competition to the tech sector by taking two major steps: First, by passing legislation that requires large tech platforms to be designated as “Platform Utilities” and broken apart from any participant on that platform. Companies with an annual global revenue of $25 billion or more and that offer to the public an online marketplace, an exchange, or a platform for connecting third parties would be designated as “platform utilities.” Second, my administration would appoint regulators committed to reversing illegal and anti-competitive tech mergers.
Here’s how we can break up Big Tech Elizabeth Warren says she wants to break up Amazon, Google, and Facebook (Vox) Sen. Elizabeth Warren unveils plan to break up Amazon, Facebook and Google in ambitious campaign pledge (Washington Post)