Senator Elizabeth Warren outlined a sweeping plan to break up major technology companies if elected president, targeting Apple, Google, Facebook, and Amazon for alleged anti-competitive practices. The Democratic presidential candidate argued that these firms had accumulated unchecked power, stifling innovation and harming consumers, during a March 2019 campaign event in Queens, New York.
Warren's proposal included legislation to prevent tech giants from competing on their own platforms, such as Amazon's marketplace, and to unwind acquisitions like Facebook's purchases of WhatsApp and Instagram. She also criticized companies for bullying small businesses and startups, stating, "Giants are not allowed to buy out the competition. The competition needs the opportunity to thrive and grow." The plan came as part of her 2020 presidential bid, positioning her as a vocal critic of corporate concentration.
Opposition to the plan emerged from industry groups, with the US Chamber of Commerce's Tom Donohue calling it an "archaic idea" and NetChoice, representing companies like Google and Facebook, warning it would raise consumer prices. Meanwhile, legal scholars like Columbia University's Tim Wu expressed support for the approach. The proposal also highlighted tech companies' political influence, noting Google spent $21 million on lobbying in 2018, Amazon $14.2 million, and Facebook $12.62 million.
Warren's focus on corporate accountability echoed her 2007-09 financial crisis activism, where she targeted big banks. Her tech plan faced skepticism from industry leaders but aligned with growing calls for regulatory action against dominant firms.