Elizabeth Warren's new plan: Break up tech giants like Amazon, Google and Facebook
The far-reaching proposal would impose new rules on certain kinds of tech companies with $25 billion or more in annual revenue, forcing Amazon and Google to spin off parts of their companies and relinquish their overwhelming control over online commerce. The plan also aims to unwind some of the highest profile mergers in the industry, like the combinations of Amazon and Whole Foods, and Google and DoubleClick, as well as Facebook's acquisition of Instagram and WhatsApp.
"I'm glad to see the dangers of monopolistic market power being taken seriously by a leading presidential candidate," Salazar said in a statement."Gov. Andrew Cuomo and other pro-Amazon politicians need to see the danger of sublimating all facets of our daily lives into a single all-encompassing company, which is clearly Amazon's business model.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elizabeth Warren says she wants to break up big tech companies including Amazon, Google, and FacebookSen. Elizabeth Warren says massive tech companies are smothering competition and undermining democracy.
Leer más »
Elizabeth Warren pushes to break up big tech companies like Amazon and FacebookWarren's plan is the clearest proposal yet in the 2020 presidential race to limit the growth of Silicon Valley.
Leer más »
Elizabeth Warren: SEC settlement with for-profit college executives is an ‘insult’ to studentsIn a letter to SEC chairman, Jay Clayton, Warren and colleagues asked for the rationale behind the deal.
Leer más »
Warren demands answers from EPA on industry influence'Despite his pledge to 'drain the swamp,' President Trump has expanded the influence of the fossil fuel industry under his Administration,' Warren wrote.
Leer más »
Elizabeth Warren continues to underperform among voters who know her bestFirst things first: The theme song of the week is from the show Sara starring Geena Davis.
Leer más »
Elizabeth Warren Differs With Joe Biden: Mike Pence Is No 'Decent Guy'Elizabeth Warren differs with Joe Biden: Mike Pence is no 'decent guy'
Leer más »
Elizabeth Warren says Pence is not a decent man, pans 'corrupt administration'The firebrand senator slammed the Trump administration over the Mueller probe.
Leer más »
Alexandria Ocasio-Cortez, Bernie Sanders and Elizabeth Warren pledge together to end U.S. 'forever war'“American troops have been in Afghanistan for nearly 18 years, Iraq since 2003 and in Syria since 2015,' Senator Bernie Sanders said.
Leer más »
Warren on whether she regrets not running in 2016: 'You can't go back'“You’ve got to push back. You never let bullies run over you.” Sen. Elizabeth Warren talks about President Trump and 2020 with CNN’s David Axelrod. Watch the full interview tonight on “The Axe Files” on CNN at 7 p.m. ET.
Leer más »