Elizabeth Warren Wants To Break Up Amazon, Google And Facebook; But Does Her Plan Make Any Sense?
This isn't necessarily a big surprise, given that she's suggested this many times over the past few years, but 2020...
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This isn't necessarily a big surprise, given that she's suggested this many times over the past few years, but 2020...
Campaign announcement of the break-up bill. you said platform utilities. let's call them that. "would be required to meet a standard of fair, reasonable, and non-discriminatory dealing with users. platform utilities won be allowed to transfer or share data with third parties." this is the concern that a lot of individuals have, right? the commoditization and the monetization of your information. it's probably a bigger concern than the privacy concerns we think with, which are very, very serious in and of themselves. you're trying to figure out a way that he can better control of or they can ha...
Promote competition. so i think they ought to be broken apart. run that platform. you can still go online and search for 28 coffeemakers that can be delivered in 24 hours. but break that up from the part about running a business that competes on that platform. >> i want to ask you about something that's from your campaign announcement of the break-up bill. you said platform utilities. let's call them that. "would be required to meet a standard of fair, reasonable, and non-discriminatory dealing with users. platform utilities won be allowed to transfer or share data with third parties." this is...
Join us now jonathan tap lynn, how facebook google and amazon cornered cult and undermined democracy. jonathan, i guess based on your writings that you and elizabeth warren may share more of your perspective on how to address tech. >> you know, i think the proposal has one really strong idea, which is this whole idea of the amazon, google, and facebook are what she calls platform utilities, meaning that they are on both sides of the business. amazon is a place where you can go find products but also amazon is more and more selling its own products whether it's white label products or whether i...
Massachusetts senator elizabeth warren is taking on the tech giants, she calling for amazon, google, and facebook to break up in a call for competition. she says they limit competition through mergers and setting up their own online marketplaces. i want to talk about what she is calling for. tech companys with a annual global revenue of $25 billion or more and that offer an online marketplace would be designated as something called platform utilities. they would be barred from owning the platform and the participants. apple would have to choose between running their app store and building thei...