Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

In the wide-open nomination race, Democrats such as Ms. Warren, Senator Bernie Sanders of Vermont and Senator Amy Klobuchar of Minnesota have expressed a willingness to limit the influence of companies such as Facebook, Google, Apple and Amazon — though Mr. Sanders and Ms. Klobuchar have yet to present clear policy details. Ms. Warren’s plan creates two tiers of companies that would fall under the new regulations: those that have an annual global revenue of $25 billion or more, and those with annual revenue of $90 million to $25 billion. In the announcement, Ms. Warren’s team included praise from several scholars on internet privacy and technology regulation, including Siva Vaidhyanathan from the University of Virginia and Frank Pasquale of the University of Maryland’s School of Law.

Source: www.nytimes.com