Elizabeth Warren, the U.S. senator running for president, on Friday outlined her plans to break up what she calls “Big Tech” in what could be considered the most sweeping salvo against the industry.
Warren, a frequent critic of big business, said in an article on Medium that companies like Facebook Inc. Amazon.com Inc. and Alphabet’s Google have used mergers and proprietary marketplaces to limit competition.
Her plan would designate any online marketplace, exchange or platform for connecting third parties that is held by a company with global revenue of at least $25 billion a year as “platform utilities,” where companies would prohibiting from owning participants on that platforms, meet a standard of dealing with users and not be allowed to transfer or share data with third parties. Smaller companies would also face those same standards but wouldn’t have to structurally separate, according to the Warren plan.
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11 comments:
She is full of Indian fake S..T
If they paid their workers we wouldn't have to subsidize them with welfare and medicaid.
And how about the biggest monstrosity of them all, the US Government? It could use some breaking up too!
Bust up the companies that help stabilize the economy?Rich people didn't get rich by hoarding money.They reinvested in the economy,which in turn created more hiring.
No rich people NO JOBS equals SOCIALISM equal world open boarders aka SOROS.
...and in other news, Sen. Warren issued a call to arms due to Facebook and Amazon locking her out of her accounts. Further, the Senator complained that her Google search for her Native American Ancestry is not working on any of her devices......
This nut needs go look up the word 'capitalism'
12:05 If people lived within their means.... well, you get the point.
Id be all for controlling them, but warren cant be trusted with anything. Nor does her plan take care of the real problems like algorithms.And the biggest problem being gov spying with these apps, FB originated from DARPA, Life Log app, Even if you delete FB from anything the app is still there and sending EVERYTHING to the cia, forever stored. Research it and youll see its true.
Complete Idiot.
She likes big government never any mentioning of cuts.
Why not start with breaking up the dem control over the media, disallowing them to advertise on their own platforms, publishing smear adds without fact checking...
How about that?
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