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3 Reasons Senator Elizabeth Warren and Others are Wrong About Tech

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Unread 03.28.19, 05:09 AM
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3 Reasons Senator Elizabeth Warren and Others are Wrong About Tech

03.27.19 04:59 AM

Sen. Elizabeth Warren recently announced her proposal to have politicians micromanage — or even break up — tech companies. If that doesn’t sound like a good idea to you, it’s because it’s not: America’s biggest tech companies are controlling more and more of our digital lives. And they’re using their size and power to make it harder for the next tech entrepreneur with the next big idea to break through and compete with them—meaning less options for us. — Elizabeth Warren (@ewarren) March 8, 2019 She elaborated on her proposal via*Medium:* “I want to make sure that the next generation of great American tech companies can flourish. To do that, we need to stop this generation of big tech companies from throwing around their political power to shape the rules in their favor and throwing around their economic power to snuff out or buy up every potential competitor. “That’s why my administration will make big, structural changes to the tech sector to promote more competition — including breaking up Amazon, Facebook, and Google.” Unfortunately, Warren is not the only one to offer a proposal like this. Many lawmakers on both sides of the aisle have the misinformed notion that*politicized*antitrust enforcement against tech […]

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