The techlash continues.
Elizabeth Warren proposes breaking up tech giants like Amazon and Facebook
At a rally in Long Island City, the neighborhood that was to be home to a major new Amazon campus, Ms. Warren laid out her proposal calling for regulators who would undo some tech mergers, as well as legislation that would prohibit platforms from both offering a marketplace for commerce and participating in that marketplace.
“We have these giants corporations — do I have to tell that to people in Long Island City? — that think they can roll over everyone,” Ms. Warren told the crowd, drawing applause. She compared Amazon to the dystopian novel “The Hunger Games,” in which those with power force their wishes on the less fortunate.
“I’m sick of freeloading billionaires,” she said.
She’s far from the lone voice on this issue.
Elizabeth Warren is right – we must break up Facebook, Google and Amazon
The current effort is bipartisan. At a Senate hearing I attended last week, the arch-conservative Missouri Republican Josh Hawley asked me, rhetorically: “Is there really any wonder that there is increased pressure for antitrust enforcement activity, for privacy activity when these companies behave in the way that they do?”
Hawley added: “Every day brings some creepy new revelation about these companies’ behaviors. Of course the public is going to want there to be action to defend their rights. It’s only natural.”
House of Lords report calls for digital super-regulator
The chair of the committee, Lord Gilbert of Panteg, called on the government to be less reactive in how it responds to digital risks: “The government should not just be responding to news headlines but looking ahead so that the services that constitute the digital world can be held accountable to an agreed set of principles,” he said.
“Self-regulation by online platforms is clearly failing and the current regulatory framework is out of date. The evidence we heard made a compelling and urgent case for a new approach to regulation. Without intervention, the largest tech companies are likely to gain ever more control of technologies which extract personal data and make decisions affecting people’s lives.”
You can always take matters into your own hands.
Goodbye Big Five
Reporter Kashmir Hill spent six weeks blocking Amazon, Facebook, Google, Microsoft, and Apple from getting my money, data, and attention, using a custom-built VPN. Here’s what happened.
Needless to say, it didn’t go well.