Message Font: Serif | Sans-Serif
 
No. of Recommendations: 2
March 8 (Reuters) - Democratic Senator Elizabeth Warren, who is in the race for the 2020 nomination for U.S. President, is set to present a regulatory plan aimed at breaking up some of America's largest technology companies, including Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Facebook Inc FB.O, she wrote in a blog post on Friday. Warren, who represents Massachusetts, called for legislation that would prohibit platforms from offering a marketplace for commerce and participating in that marketplace. She also wanted to appoint regulators for "reversing illegal and anti-competitive tech mergers". She plans to force the rollback of some acquisitions by tech companies, the blog post said, including Facebook's deals for WhatsApp and Instagram, Amazon's deal for Whole Foods, and Google's purchase of Waze, Nest and DoubleClick.

---
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.