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Elizabeth Warren runs Amazon's breakup, backs up from socialism at SXSW

Elizabeth Warren takes on big tech FBN's Deirdre Bolton at Sen. Elizabeth Warren, (D-Mass.), Who proposes a breakup of major technology companies such as Amazon, Google and Facebook. AUSTIN, Texas – Democratic tendency Elizabeth Warren distanced herself from Bernie Sander's citizen representative on Saturday and stated that she is not a socialist and that she supports the free market model while doubling her plan to break up big companies like Amazon. 19659004] Warren clarified her financial views during an extensive discussion at the South-Southwest Tech Conference in Austin, Texas. Presidential candidate 2020 refused to comment on specific differences between her own policy and Sanders, but said "I am not" when asked if she was a democratic socialist. MORE ON THIS "All I can tell you is what I believe &#821 1; there is a huge amount that can be retrieved from the markets. Markets create opportunities … but the markets must have rules. They must have a police on the beat, "Warren told an energetic crowd at the Austin City Limits" Moody Theater. Warren also criticized the tech giants such as Amazon, Facebook and Google as they spoke in front of an Austin audience that contained at least some of their employees. Hours earlier, she revealed a proposal to combat the power of technology companies in various ways, including the reversal of what she called "anti-competitive" mergers such as Facebook's acquisition of Instagram and WhatsApp and Amazon's purchase of the Whole Foods grocery chain. Warren also asked for Amazon and…

Elizabeth Warren takes on big tech

FBN’s Deirdre Bolton at Sen. Elizabeth Warren, (D-Mass.), Who proposes a breakup of major technology companies such as Amazon, Google and Facebook.

AUSTIN, Texas – Democratic tendency Elizabeth Warren distanced herself from Bernie Sander’s citizen representative on Saturday and stated that she is not a socialist and that she supports the free market model while doubling her plan to break up big companies like Amazon. 19659004] Warren clarified her financial views during an extensive discussion at the South-Southwest Tech Conference in Austin, Texas. Presidential candidate 2020 refused to comment on specific differences between her own policy and Sanders, but said “I am not” when asked if she was a democratic socialist.

MORE ON THIS

“All I can tell you is what I believe &#821

1; there is a huge amount that can be retrieved from the markets. Markets create opportunities … but the markets must have rules. They must have a police on the beat, “Warren told an energetic crowd at the Austin City Limits” Moody Theater.

Warren also criticized the tech giants such as Amazon, Facebook and Google as they spoke in front of an Austin audience that contained at least some of their employees. Hours earlier, she revealed a proposal to combat the power of technology companies in various ways, including the reversal of what she called “anti-competitive” mergers such as Facebook’s acquisition of Instagram and WhatsApp and Amazon’s purchase of the Whole Foods grocery chain. Warren also asked for Amazon and Google’s various companies – in the latter case, the search engine and the ad platform – to act as separate devices.

The democratic candidate from 2020 resembled Amazon’s business practice to a baseball game and claimed that the e-commerce platform “sucks out an incredible amount of information on each buyer and seller” and then uses that data to gain an unfair advantage when selling their own products through “Amazon Basics.”

“You can be a judge – a platform – or you can own law,” Warren says. “But you can’t be a judge and own one of the laws in the game.”

Warren added that her plan would equalize the playing field between tech giants and smaller companies.

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“My opinion is to break these things apart and we will have a much more competitive and robust market in America,” she said.


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