Current AffairsWorld

US Senator pledges to break up Amazon, Facebook, Google if elected president

Washington, Mar 10 (IECurrentAffairs) United States Senator Elizabeth Warren has pledged that, if elected president next year, she will aim to break up the big tech companies Amazon, Facebook and Google as they have too much control over Americans’ lives.

Warren, an antitrust advocate who hammered big banks following the 2007-2009 financial crisis, said she would select regulators who would seek to break up what she called “anti-competitive mergers” such as Facebook’s recent buyout of Instagram and Amazon’s purchase of Whole Foods, The Guardian reported.

“We must help America’s content creators – from local newspapers and national magazines to comedians and musicians – keep more of the value their content generates, rather than seeing it scooped up by companies like Google and Facebook,” she said.

Warren made the pitch before a town hall appearance on Friday in the New York neighbourhood where Amazon recently abandoned plans to open a new headquarters after a fierce backlash from progressive activists.

Source
Via UNI-India

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