Wall Street critic Elizabeth Warren vows to break up Amazon, Facebook, Google
"Giants are not allowed to buy out the competition. The competition needs the opportunity to thrive and grow," Elizabeth Warren said.
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Senator Elizabeth Warren vowed on Friday to break up Amazon, Google and Facebookif elected US president to promote competition in the technology sector.
Seeking to stand out in a crowded field vying to be the Democratic candidate for president in 2020, Warren said at a campaign event in Queens that it was time to challenge the increasing dominance of America’s biggest technology companies.
“We have these giant tech companies that think they rule the earth,” she told a crowd of about 300 people in Long Island City. “I don’t want a government that’s here to work for the giant tech companies. I want a government that’s here to work for the people.”
Amazon abruptly scrapped plans in February to build a major outpost in the neighborhood that could have created 25,000 jobs, blaming opposition from local leaders.
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Warren vows to break up big tech if president
Senator Elizabeth Warren vowed on Friday to break up Amazon.com Inc, Alphabet Inc’s Google and Facebook Inc if elected U.S. president to promote competition in the tech sector. Jane Lanhee Lee reports.
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