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Home / Business / Elizabeth Warren commits to breaking up Amazon – and more – if elected president

Elizabeth Warren commits to breaking up Amazon – and more – if elected president



Break up Amazon? That's what Sen. Elizabeth Warren suggests.

She issued a promise of the promotion on Friday that if she was elected president, she would push to break up big tech companies like Amazon, Facebook and Google.

In a post on Medium, Warren said that these companies have too much power over e-commerce and Internet traffic.

Her plan would share large technology platforms from any participant on that platform.

For Amazon, it would mean you merge mergers with Whole Foods and Zappos

Facebook had to split WhatsApp and Instagram, and Google had to relax from Nest, Waze and DoubleClick.

Here is the core of Warren's suggestion:

"Companies with an annual global income of $ 25 billion or more, offering the public an online marketplace, a swap or a third-party connectivity platform would be designated as" platform tools ".

" These companies would be prohibited from owning both the platform tool and any participants on that platform. Platform tools will be required to meet a standard of fair, affordable and non-discriminatory treatment of users. Platform tools would not be allowed to transfer or share data with third parties. "

Warren also said she would appoint federal regulators committed to breaking up what she called competition competition mergers, using existing tools.

Warren claimed that federal anti-monopoly pressure on Microsoft in the 1

990s helped to pave the way way for Internet companies like Google.

Amazon has disturbed trade across a wide range of products, but consumers are still one of the most trusted institutions in America, episode of KUOW podcast Prime (d) explored this trust.

Warren, a senator from Massachusetts, is one of more than a dozen Democrats seeking the party's nomination for the presidency, national polls put her far behind former ex-president Joe Biden and Sen. Bernie Sanders of Vermont, Washington Gov. Jay Inslee also runs. 19659002] We update this post with comment from Amazon.


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