SoylentNews

Phoenix666 [soylentnews.org] writes:

CNet [cnet.com]:

"Today's big tech companies have [too much power over] our economy, our society, and our democracy," wrote Warren in a blog post [medium.com]. "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.

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