Google Nemesis Becomes Big Tech Ally Against Warren Breakup Plan
Elizabeth Warren’s big tech breakup plan earned a surprising rebuke from the EU’s antitrust commissioner. | Source: Joseph Prezioso/AFP
The European Union’s antitrust commissioner has emerged as a surprise ally for Facebook, Google, and even Apple as Elizabeth Warren bets her presidential bid on breaking up big tech. Margrethe Vestager, until now a thorn in the regulatory side of technology giants like Amazon and Google, has surprisingly emerged in their support.
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To break up a company, to break up private property would be very far reaching, and you would need to have a very strong case that it would produce better results for consumers in the marketplace.
— Recode (@Recode) March 10, 2019
Vestager advocates for “mainstream tools” and her current “antitrust” approach to allow correction in the market, adding:
We’re dealing with private property;