Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
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Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#2Here 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 to be a transparent attempt to short circuit splitting the company along these service lines, he knows this is coming. I'll bet $100 he'll soon be talking about how it's impossible to split out insta from facebook because of database keys and integrated AI or whatever.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#3Is 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?
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#4Here 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
#5i. Amazon the retailer.
ii.AWS
Nice neat separation. Make Amazon pay retail rates for AWS, too.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#6Is 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.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#7Is 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?
They ARE being properly taxed. I guarantee you they are following the tax code, as it stands, to the letter.
They employ teams of accountants to make sure they are.
Corporations are not the problem.
The tax code is.
Plus, Elizabeth Warren is an idiot to boot, so..yeah, there is that.
Regulation? What type are we talking? Something that makes someone who has a general disdain for successful companies 'feel better'?
Be specific.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#8I 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.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#9Even if it were beneficial (argument in itself), Big Government is unequipped to handle the break-up of these companies in way that protects their value to consumers.
Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
#10I don't have any insight into the rationale behind the HQ2 search beyond what was reported in the media, but I've long thought that planning for a potential government-forced break up was part of it. A preemptive segregation of business units will help their case if/when this gains some steam.