Senator Elizabeth Warren proposed breaking up tech giants Facebook, Google, and Amazon on Friday—but big telecom is in dire need of the same treatment.
On March 8, Democratic Senator Elizabeth Warren proposed breaking up Google, Amazon, and Facebook in a bid to crack down on anti-competitive tech giants. The proposal, which suggests ramping up antitrust enforcement and unwinding the sector’s most problematic mergers, is poised to be a cornerstone of Warren’s 2020 presidential campaign.
Facebook has received well-deserved criticism for its role in spreading propaganda and the Cambridge Analytica fracas. Facebook privacy scandals are so common lately that users barely have time to digest one screw-up before another pops up.
Google has similarly come under fire for the way its domination of online advertising has threatened the sustainability and income of smaller news operations.
Amazon is enacting a plan to monopolize not just internet retail, but the cloud computing and transit systems that power online commerce itself.
Senator Elizabeth Warren said:
“Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy. 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.”
The attention Warren’s proposal gives to breaking up big tech is welcome, and warranted, but it omits another major sector that is equally deserving of—and long overdue for—the same treatment: Big Telecom.