Senator Warren’s plan for “Platform Utilities” could down-size tech giants Amazon, Facebook, and Google

WASHINGTON — In her blog post written Friday of this week, “Here’s how we can break up Big Tech”, Senator Elizabeth Warren (D-MA), calls for breaking apart certain components of Alphabet (Google’s parent), Facebook, and Amazon into new components called “Platform Utilities.”

sen-ewarrenAccording to Senator Warren, these new spinoffs are necessary to launch with new “platform utility” designations. New suppliers and startups may have lower barriers to entry for their consumers to use. Senator Warren added these tech juggernauts are “too big” and wield too much power over the economy, society and democracy.

“They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else,” her blog posted. “To restore the balance of power in our democracy, to promote competition, and to ensure that the next generation of technology innovation is as vibrant as the last, it’s time to break up our biggest tech companies.”

— Source and photos: Senator Warren and senate.gov

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