Warren’s Smart Tech Plan Shows Why She Should Stay in the Senate
A problem as difficult as breaking up Amazon, Facebook and Google will require a skilled legislator pushing on Capitol Hill.
Leading the “Break up Facebook!” chant.
Photographer: Daniel Acker/BloombergSo Senator Elizabeth Warren wants to break up the big three: Amazon, Facebook and Google. The Massachusetts Democrat and presidential contender has come forth with a proposal that would force Facebook to divest itself of WhatsApp and Instagram — both of which would now be serious competitors if Facebook didn’t own them. She wants Amazon to divest Whole Foods. She wants to prevent Google — and all the big technology companies — from using its platform to favor its own products. She even wants to create a regulatory regime that would treat tech companies with more than $25 billion in revenue differently from small tech companies.
“To restore the balance of power in our democracy, to promote competition, and to ensure that the next generation of technology innovation is as vibrant as the last, it’s time to break up our biggest tech companies,” she said in a statement issued Friday morning, prior to a rally in New York’s Long Island City neighborhood, where Amazon recently abandoned plans for a second headquarters.
