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CNet:
"Today's big tech companies have [too much power over] our economy, our society, and our democracy," wrote Warren in a blog post. "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."
Warren said that big tech companies use mergers to swallow competition and sell products on their own e-commerce platforms, which hurt smaller businesses' opportunities to succeed. Weak antitrust enforcement also resulted in "a dramatic reduction" in competition and innovation in the tech industry, according to Warren's blog post.
With conservative voices decrying Big Tech censorship, internet activists decrying privacy violations, and now Senator Warren calling for outright dismemberment, Big Tech might be in for a rocky stretch of road.
(Score: 5, Interesting) by krishnoid on Saturday March 09 2019, @08:25AM
And running a close 0th is the credit agencies. Tech companies know who my friends are and advertisers know what flavor potato chips I buy, but credit agencies can misstate loan information and leak financial information, locking you out of or jeopardizing your engagement with, well, capitalism itself in a capitalist country. You want these companies not to have your data? At least Google lets you download most of your data and close your account, with nearly the exact opposite [cbsnews.com] happening in the financial sector [huffingtonpost.com].
If "Pocahontas" wants to take on these kinds of injustice, she can start by handing back those beads and (metaphor breaking apart here) reclaiming New York and everyone's financial identity from *these* offenders first. She could also start just by implementing what Europe already has in place regarding data privacy.