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Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

nytimes.com

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Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#21
post #8

I think we should also consider that even if you do break up a large company like that, you'd need to make sure they don't pull an AT&T and start merging with each other to basically re-create their previous structure.

Yeah, I'm still amazed that when AT&T was split up, there wasn't anything in the ruling preventing them from just joining the parts back together again.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#23
post #3

Is breaking them up really a priority? What benefit would that have that we couldn't achieve via properly taxing and regulating them in the first place?

I think the general theory is that if we allow them to continue getting bigger and swallowing up all potential competitors, we’re basically saying these four or five companies will run everything, forever.

Also they've been hoovering up all the talent available they can get with fat salaries and stock grants.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#24

To what end? "illegally undermine competition?" She is inferring that Google/Amazon/Facebook are committing anti-trust crimes? What proof does she have? >Companies would be barred from transferring or sharing users’ data with third parties. That can be done without breaking them up. I don't think she realizes that splitting up amazon and amazon basics will do little to nothing. There are other things that can be done…

> You could require freedom of speech apply to industry leaders for example.

What does this mean? Mark Zuckerberg, Jack Dorsey, Jeff Bezos, et al already have their constitutionally protected speech, except for where their roles as executives at public companies restrict them. If they find those restrictions onerous they can leave their roles.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#25

Here we go, buckle up. With the amount of power democrats are likely to consolidate in the next few elections there could be some serious movement on this if it becomes a priority for the party. I think the big three are way too powerful and need to be broken up, but doing so intelligently is a tricky problem that I don't have much faith in government tackling. Zuckerberg integrating all the services yesterday seems…

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Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#26

Here we go, buckle up. With the amount of power democrats are likely to consolidate in the next few elections there could be some serious movement on this if it becomes a priority for the party. I think the big three are way too powerful and need to be broken up, but doing so intelligently is a tricky problem that I don't have much faith in government tackling. Zuckerberg integrating all the services yesterday seems…

I don't think it'll be a priority because I'm not really sure if this is a real thing that Warren believes or if she's just throwing this out there to see if it has legs.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#27
Enforcing the use of open, federated, interoperable standards when they're technically feasible would be a lot more productive than the crude approach of simply breaking up the companies. To the extent that there is a competition concern it's due to network effects, and open, interoperable standards would go a long way towards resolving these. Even for Amazon, it's only the "UX"-related company that needs to be broken away from the rest. That company would then face an incentive to interoperate will all sorts of suppliers on an equitable basis.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#28

What is the alleged anti-competitive behavior? The article doesn't mention it. It sounds like she is calling for their breakup merely for being big and powerful, and if that were cause enough to break up an entity we would logically start with the government.

The Medium article[1] mentions a couple - Google prioritizing their reviews above Yelp in search results, Amazon copying third party products that were successful on its marketplace.

[1] https://medium.com/@teamwarren/heres-how-we-can-break-up-big...

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