With more than enough security scandals to sow seeds of distrust, tech companies haven’t instilled a lot of faith in the global population that they’re equipped to handle the massive job they’ve given themselves. From hacked platforms to shady data practices, these gargantuan tech companies have proven time and time again that they have more control than they know what to do with. So what exactly does breaking up tech companies look like to Elizabeth Warren? Let’s take a look at who would be affected, why it needs to happen, how she’d do it, and what it’ll do to your everyday surfing.
Which Tech Companies Would Be Affected?
In short, any company earning more than $25 billion per year would have to reevaluate their status within the tech world, specifically removing the service from the users to avoid any monopoly. This is what Warren wrote in a Medium blog post announcing her plans:
Why Break Up Tech Companies?
It’s clear that these corporations have become more than trendsetters; they are now the seamsters of the fabric of our reality, and that’s perhaps a bit too much power for four private companies to hold.
How Would She Break Them Up?
In a surprising move for a presidential candidate, Warren actually backed up her plan with a two-pronged explanation of exactly how she’d do it. In another surprising move, she did so in a way that makes sense. She plans to break up large tech companies: What does this mean? Well, in so many words, it would give huge tech companies a lot less control over who buys their products, how they do so, and where, in hopes of making the system a bit more competitive.
