Elizabeth Warren Proposes Challenge to Tech Giants If Elected President | Eater
"Seen as a marketplace that has amassed excessive power by undercutting rivals, using private information for profit, and tilting the playing field against competitors, actions critics say have hurt small businesses and stifled innovation. Proposed remedies aimed at firms of its scale include reclassifying online marketplaces with annual global revenue above $25 billion as "platform utilities," forbidding ownership of third-party participants in those marketplaces, and empowering regulators to reverse allegedly illegal or anti-competitive acquisitions — measures explicitly tied to its high-profile purchases of a national grocery chain in 2017 for $13.7 billion and an online shoe retailer." - Brenna Houck
