Elizabeth Warren says she wants to break up Amazon, Google, and Facebook

Sen. Elizabeth Warren (D-MA) said today that if she is elected president in 2020, her administration will split the giants of the technology industry, including Amazon, Facebook and Google.

The proposal is the strictest position adopted by Candidate in the presidential campaign so far. Warren, noting the antitrust battle over Microsoft in the 1990s, said companies must divide to stimulate competition in a monopolistic market.

"As these companies have grown larger and more powerful, they have used their resources and control over the way we use the Internet to crush small businesses and innovation, and substitute their own financial interests for the best interests. of the American people. "Warren said in the statement. "To restore the balance of power in our democracy, promote competition and ensure that the next generation of technological innovation is as vibrant as the previous one, it's time to break our biggest technology companies."

The proposal states that the major companies have strengthened their control over the digital market through mergers, such as the acquisition of Instagram and WhatsApp by Facebook, but the regulators have largely passed those offers. The result, writes Warren, has been "a dramatic reduction in competition and innovation in the technology sector."

The idea of ‚Äč‚Äčtaking antitrust measures against the technology industry has recently gained new relevance, as companies face a public opinion about their power. But while many lawmakers have suggested regulation in response, few have crossed the threshold toward an antitrust solution.

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