Warren said that she would classify the huge companies as 'platform utilities' and attempt to break them apart via antitrust laws.
an extensive plan on Friday to break up big tech companies likes Facebook, Google, Amazon, and Apple.in 2020, Warren said that she would pass legislation that would require large tech platforms with an annual global revenue of $25 billion to be classified as"platform utilities," and be broken apart via antitrust laws."Amazon Marketplace and Basics, and Google’s ad exchange and businesses on the exchange would be split apart.
Warren's proposal also would require smaller companies with annual global revenue between $90 million and $25 billion to meet similar standards, however, they would not have to be structurally separate from their online marketplaces. "Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy," Warren wrote in the Medium piece."They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation."
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