Big Tech: Anti Trust
Sen. Elizabeth Warren has vowed to break up big technology companies such as Google, Facebook and Amazon if she becomes president.
“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. That’s why my administration will make big, structural changes to the tech sector to promote more competition — including breaking up Amazon, Facebook, and Google,” she added.
Paul Davis, Jeff Bezos’s second hire in 1994, told Recode that the Amazon should be forced to separate the Amazon Marketplace, which allows outside merchants to sell goods to Amazon customers, from the company’s core retail business that stocks and sells products itself.
“There’s clearly a public good to have something that functions like the Amazon Marketplace. … If this didn’t exist, you’d want it to be built,” Davis said. “What’s not valuable, and what’s not good, is that the company that operates the marketplace is also a retailer. They have complete access to every single piece of data and can use that to shape their own retail marketplace.”