Deals
Elizabeth Warren’s Tech Assault Propels Fringe Antitrust View to Spotlight
- Call to break up U.S. big tech draws from antitrust reformers
- U.S. competition policy emerges as Democratic campaign issue
Elizabeth Warren during a campaign event, March 8.
Photographer: Drew Angerer/Getty Images North AmericaThis article is for subscribers only.
Democratic 2020 contender Elizabeth Warren’s call to break up big tech companies like Facebook Inc. and Amazon.com Inc. thrust into the mainstream an emerging movement that favors an aggressive attack on corporate power.
Warren’s proposal last week to classify some technology giants as utilities and undo previous industry mergers jolted Silicon Valley. It also hit a nerve among Democrats and Republicans in Congress, who’ve grown increasingly concerned that curbs on anticompetitive conduct are poorly enforced.