Elizabeth Warren Wants to Break Up Google, Amazon and Facebook

“The government’s antitrust case against Microsoft helped clear a path for Internet companies like Google and Facebook to emerge,” Warren writes. The key components of the Warren plan include passing legislation that would designate companies with annual global revenue above $25 billion that provide marketplace, exchange, or third-party connectivity as “platform utilities” and prohibit those companies from owning participants on their platforms. Warren would give state attorneys general and private parties the right to sue a platform for conduct that violates those requirements and the government could fine a company 5% of their annual revenue for violating the terms of the new legislation.

Source: techcrunch.com