Categories: world

Elizabeth Warren proposes breaking up Apple, in addition to Google, Facebook, and Amazon

Democratic 2020 presidential hopeful Elizabeth Warren announced in an interview on Saturday that she wants to break up only Amazon, Google, and Facebook, but also Apple – as the Massachusetts senator pushes further to the left of her numerous Democratic rivals on a host of populist issues. Speaking to the Verge at the Southwest (SXSW) technology conference in Austin, Texas, Warren specifically demanded that Apple must be forced to either surrender control over the App Store or cease selling its own. apps within it. "Apple, you've got to break it apart from their App Store. It's got to be one or the other," Warren said. do not get to the same time. " She elaborated" Advantages: One, you've sucked up information about every buyer and every seller before you have made a decision about what you're going to sell. And second, you have the capacity &#821 1; because you run the platform – to prefer your product over anyone else's product. It gives an enormous comparative advantage to the platform. " Warren asserted that similar antitrust principles were" applied to railroad companies more than a hundred years ago, "and that" we need to now look at those tech platforms the same way. " Responding to a federal appeals court's recent rejection of the Trump Justice Department's bid to block the planned AT & T-Time Warner merger, Warren told The Verge:" How do I think the Justice Department and the FTC are doing? WARREN FLOATS IDEA OF TAXPAYER-FUNDED REPARATIONS FOR AFRICAN-AMERICANS,…

Democratic 2020 presidential hopeful Elizabeth Warren announced in an interview on Saturday that she wants to break up only Amazon, Google, and Facebook, but also Apple – as the Massachusetts senator pushes further to the left of her numerous Democratic rivals on a host of populist issues.

Speaking to the Verge at the Southwest (SXSW) technology conference in Austin, Texas, Warren specifically demanded that Apple must be forced to either surrender control over the App Store or cease selling its own. apps within it.

“Apple, you’ve got to break it apart from their App Store. It’s got to be one or the other,” Warren said. do not get to the same time. “

She elaborated” Advantages: One, you’ve sucked up information about every buyer and every seller before you have made a decision about what you’re going to sell. And second, you have the capacity &#821

1; because you run the platform – to prefer your product over anyone else’s product. It gives an enormous comparative advantage to the platform. ”

Warren asserted that similar antitrust principles were” applied to railroad companies more than a hundred years ago, “and that” we need to now look at those tech platforms the same way. “

Responding to a federal appeals court’s recent rejection of the Trump Justice Department’s bid to block the planned AT & T-Time Warner merger, Warren told The Verge:” How do I think the Justice Department and the FTC are doing?

WARREN FLOATS IDEA OF TAXPAYER-FUNDED REPARATIONS FOR AFRICAN-AMERICANS, BUT ALSO NATIVE AMERICANS

In a lengthy post on the website Medium on Friday, Warren targeted Amazon, Facebook, and Google for breakup, but did not mention Apple.

Warren said the large tech giants had used mergers to “limit competition,” citing examples such as Facebook’s acquisitions of Instagram and WhatsApp Amazon using its market power to “force” smaller competitors, such as Diapers.com to sell to the company, and Google buying mapping company DoubleClick advertising company

President Donald Trump talks to Apple Inc. CEO Tim Cook during the American Workforce Policy Advisory Board’s First Meeting in the White House in Washington, Wednesday, March 6, 2019. (AP Photo / Manuel Balce Ceneta)

She also mentioned that their marketplaces were used to limit competition. “Amazon crushes small companies by copying the goods they sell on the Amazon Marketplace and then selling its own branded version. Google allegedly snuffed out a competing small search engine by demoting its content on its search algorithm, and it has favored its own restaurant ratings over those of Yelp, “Warren wrote.

Warren, who specifically denied being a Socialist as recently as this weekend, proposed two ways of restoring competition to the tech sector, including passing legislation that would designate the large platforms as” platform utilities ” and reversing already approved mergers, which she deemed “illegal and anti-competitive.”

TRUMP CALLS TIM COOK ‘TIM APPLE’ TO HIS FACE; COOK REACTS BY CHANGING NAME ON TWITTER Rob Atkinson, president of the Information Technology and Innovation Foundation (ITIF), a think tank for science and technology policy, sharply disagreed with Warren’s proposal.

“The Warren campaigns call to break up big tech companies reflects on ‘big is bad, small is beautiful’ ideology run amok, ‘Atkinson said in a statement obtained by Fox News. “The proposal ignores the fact that many of the services provide big tech companies free of charge for money consumers. Breaking up large Internet companies just because they are large will help consumers. service and innovation, and some cases leading to the introduction of priced services. “

– ITIF President Rob Atkinson

CLICK TO GET THE FOX NEWS APP

Warren himself tempered some of her rhetoric on Saturday, saying simply, “I asked” when asked if she considered herself a democratic socialist, in the vein of New York Rep. Alexandria Ocasio-Cortez or Vermont Sen. Bernie Sanders.

“I can tell you what I believe – there is a huge amount to be gained from markets. Markets create opportunities. … But markets have two rules. They have to have a cop on the beat, “Warren told an energetic crowd at the Austin City Limits’ Moody Theater.

Warren’s calls for major changes in antitrust law follow her other radical radical proposals, including her idea of ​​taxing idle wealth. . Specifically, Warren has proposed an annual 2 percent tax on every dollar or net worth above $ 50 million and a 3 percent tax on every dollar or net worth above $ 1 billion.

But because Warren would seek to tax wealth itself – as opposed

Warren has also said that Native Americans should be “part of the conversation” on repairs for African -Americans – a move that threatens to bring back its own history with Native Americans.

Here fellow 2020 hopefuls Sen. Kamala Harris, D-Calif., And forms San Antonio Mayor Julian Castro have come out in favor of repairs for African Americans, but have not gone as far as Warren in opening the door to repair for Native Americans.

Chris Ciaccia’s Fox News’ Adam Shaw contributed to this report.

Share
Published by
Faela