2020 Presidential Candidate Wants To Break Up Tech Giants Like Google, Facebook, & Amazon
Jyotis - Mar 11, 2019
The female senior explained that such incorporation would eat away democracy in the United State.
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Elizabeth Warren, who is both a Massachusetts Democratic senior and a potential candidate for the 2020 Presidential election, has stated that she will break up a variety of the tech giants in the United State, like Google, Facebook, and Amazon. She made the announcement on the morning of March 08.
In her plan, Warren proposed a “platform neutrality” call that doesn’t allow big tech companies to provide a marketplace and sell their products on the same marketplace. In addition, new regulators will be appointed to remove the incorporation between tech giants. The female senior explained that such incorporation would eat away democracy in the United State.
According to her plan, tech companies are not allowed to share data of users with other third parties.
Also in her proposal, she sets some new regulations concerning two groups of companies: the first group aims to the companies that gain the minimum $25 billion global revenue per year and the second one focuses on the companies that gain the revenue from $90 million to $25 billion.
Until now, Warren has been the first candidate of the 2020 Presidential election to recommend a policy to restrain the big tech companies’ dominance, meanwhile, the two other candidates, Amy Klobuchar and Bernie Sanders, have chosen to support stricter regulations.
In addition, the senior from Massachusetts also focuses much on some other policy proposals such as imposing a high tax on the US’s richest families (including 75,000 households), and a childcare proposal across the nation which gets the support from the national tax.
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