Democratic presidential candidate Sen. Elizabeth Warren has proposed breaking up the big tech giants, including Amazon, Facebook and Google, a move she says will help the “next generation of great American tech companies … flourish.”
“I want a government that makes sure everybody — even the biggest and most powerful companies in America — plays by the rules,” Warren wrote in a blog post. “And I want to make sure that the next generation of great American tech companies can flourish.
To do that, we need to stop this generation of big tech companies from throwing around their political power to shape the rules in their favor and throwing around their economic power to snuff out or buy up every potential competitor.”
Warren, who has been seen as a foe of Wall Street, has said in the past that the largest technology companies, which account for over $2 trillion in market cap, need some reining in.