Business

Elizabeth Warren promises to break up large tech companies

By Colin Wilhelm
Published March 8, 2019 5:52pm ET
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Elizabeth Warren promises to break up large tech companies
Elizabeth Warren, United States senator from Massachusetts and one of the many Democrats running for president in 2020, speaks at the "Community Conversation about Puerto Rico and its Recovery" held at the Alejandro Tapia y Rivera Theater, in San Juan, Puerto Rico, Tuesday Jan. 22, 2019. Warren addressed the hardships Puerto Rico has endured in the past two years, particularly its debt crisis and the recovery in the aftermath of Hurricane Maria. | (Carlos Giusti/AP)

Sen. Elizabeth Warren, D-Mass., announced a new platform plank for her presidential campaign Friday: Breaking up big tech companies.

Warren compared Amazon, Facebook, and Google with the famous monopolies of the early 20th century in a blog post published Friday morning, and called for new legislation to designate them and other large online platforms as utilities. The purpose would be to prevent companies that host marketplaces from directly competing with participants in those marketplaces.

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