Saturday, March 9, 2019

Warren's plan to break up Big Tech

She would designate tech platforms at "Platform Utilities" that would be required to break from the participants of that platform, and they'd need to "meet a standard of fair, reasonable, and nondiscriminatory dealing with users." If violated the PU would face a fine of 5% on annual revenue. Take that Facebook! She said:

“Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy. They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation.”

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