“The giant tech companies right now are eating up little, tiny business, startups — and competing unfairly,” said the Massachusetts Democrat
Just a month after announcing her 2020 presidential bid, Sen. Elizabeth Warren rolled out a proposal that further sets her apart as the race’s go-to policy nerd — a plan meant to break up some of the country’s biggest tech companies.
“The giant tech companies right now are eating up little, tiny business startups — and competing unfairly,” the Massachusetts Democrat told CBS News’ “Face the Nation” on Sunday morning.“Look at it this way, someone like Amazon runs a platform — you know, the place where you buy your coffee maker and get it delivered in 48 hours and that’s great.
And while Silicon Valley has been a huge source of financial support for Democrats in recent elections, Warren said “nobody’s been beating down the door” after she made her proposal. “Let me be clear,” she said. “I’m not in Washington to work for billionaires. I’m in Washington to help level the playing field so that everybody gets a chance to get out there and compete. … Right now, with giants like Amazon and Google and Facebook, do you know how venture capitals talk about the space around them? They call it the kill zone because they don’t want to fund businesses in that space because they know Amazon will eat them up, Facebook will eat them up, Google will eat them up.
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