Booker expresses caution about breaking up big companies like Facebook

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Booker expresses caution about breaking up big companies like Facebook
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The senator from New Jersey insisted his comments were not meant as criticism of Democratic rival Elizabeth Warren, who has called for stricter regulations to help unravel some tech giants.

By Robert Costa Robert Costa National political reporter covering the White House, Congress and campaigns Email Bio Follow May 12 at 10:39 AM Sen. Cory Booker, a Democratic presidential candidate, struck a more cautious note than one of his rivals on Sunday when asked about whether the federal government should break up major companies such as Facebook.

Booker insisted his comments were not meant as criticism of Sen. Elizabeth Warren , another Democratic presidential contender, who has called for major tech companies that have grown with mergers, such as Facebook, Amazon and Google, to be unraveled with stricter regulations.[Facebook’s co-founder: ‘It’s time to break up Facebook’]

“There’s no question in my mind that there needs to be serious regulation and that has not been happening,” Harris said. “It is essentially a utility that has gone unregulated. As far as I’m concerned, that’s got to stop.”

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