Elizabeth Warren wants to break up Apple

Elizabeth Warren wants to break up Apple

March 12, 2019 0 By NewsTakers

Warren’s plan specifically examined Facebook, Amazon, and Google, and asks them to eliminate marketplaces that limit competition and undo mega-mergers like Google’s DoubleClick and Facebook’s Instagram.
She also said that new regulations wouldn’t allow tech companies to share data with third parties.
“Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy,” Warren wrote in a Medium post.
“They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else.
While not mentioned in her proposal, the senator added Apple to the list of companies that she would like to have broken up.
“Either they run the platform or they play in the store,” she told The Verge.
Apple has two competitive advantages with its control of the App Store that gives the company “an enormous comparative advantage,” she said: Data and preferential treatment for its own products.
This isn’t the first time that Warren has zeroed in on Apple.
In 2016, the Massachusetts senator said that Apple should pay more taxes after the European Union ordered Apple to pay Ireland back more than $14 million in taxes after the tech company was paying a tax rate of 1 percent or lower.
“Now that they are feeling the sting from foreign tax crackdowns, giant corporations and their Washington lobbyists are pressing Congress to cut them a new sweetheart deal here at home,” Warren wrote at the time.

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