SXSWarren: A day later, Elizabeth Warren defends her Big Tech breakup proposal

Massachusetts Sen. Elizabeth Warren at SXSW 2019.

Enlarge / Massachusetts Sen. Elizabeth Warren at SXSW 2019. (credit: Nathan Mattise)

AUSTIN, Texas—”So yesterday you made a pretty big announcement about tech. Then like the gangster you are, you flew down to a tech conference… “

Time Editor-at-Large Anand Giridharadas led with that at his South by Southwest conversation with Massachusetts Senator and 2020 Democratic presidential hopeful Elizabeth Warren. The politician didn’t miss a beat. Barely 24 hours after she made headlines by publicly proposing that the US should break up companies like Amazon, Google, and Facebook as part of a plan to regulate tech platforms as utilities, Warren took the opportunity to further emphasize her idea.

“Today, we have companies like Amazon: they have a platform. I buy a coffee maker and use it all the time, but Amazon also sucks out an incredible amount of info about every buyer and every seller. Then, Amazon makes the decision to have a competing coffee machine and drive out the business in that space,” she explained. “They have this incredible advantage from the information they get from their platform and the fact they can also manipulate the platform, putting themselves on page 1 and put the competitor on page 16 where no one ever goes… My view is break those things apart, and we’ll have a more robust market in America.”

Read 8 remaining paragraphs | Comments

Post Author: martin

Avatar
Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.