In 2019 the European Union and U.S. Democratic Presidential Candidate Elizabeth Warren issued proposals that would regulate Facebook, Google and Amazon. Senator Warren proposed that the U.S. government should designate tech companies who have global revenue of over $25 billion as “platform utilities" and break them up into smaller companies. Senator Warren argues that the companies have “bulldozed competition, used our private information for profit, and tilted the playing field against everyone else.” Lawmakers in the European Union proposed a set of rules which incl…
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@9WTDMT3 7mos7MO
No but they should heavily incetivize union based corporations and add a wealth cap for the ceos of the companies
@9V3NGJJLibertarian8mos8MO
No, the government should quit subsidizing them and begin collecting a Value Added Tax on their gross profits.
@9SNLLNR9mos9MO
If we encourage free markets and entrepreneurship then these businesses have every right to do what they do, unless they do unconstitutional things and work with the government to censor. The government may need to police whether these companies are operating constitutionally.
@9SKXMP99mos9MO
Yes, and they should go after other vertical monopolies like PepsiCo, CocaCola, Microsoft, among others.
Legislation that prevents the impact of these corporations will be more valuable than breaking up any individual entity. They are too big and too powerful, but laws should approach the holistic issue rather than focusing on specific groups/companies.
@9D8G35C2yrs2Y
No, they should break up Blackrock
@8ZMKSD33yrs3Y
They should be more regulated with a watchdog organization.
@8YYSL8X3yrs3Y
Yes, in these specific instances, but it should not set a dangerous precident
@8WPP7LH4yrs4Y
@8WMKDMHConstitution4yrs4Y
No, they should just be shut down due to the damage they are doing to the world.
@9BDMSXZ2yrs2Y
Not Amazon. Yes to Facebook and Google since they subvert our democracy through censorship.
@9B5CJ922yrs2Y
yes to facebook and google
@StanStrong3yrs3Y
No, but they should remove the protection they recieve
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