TEHRAN, Mar 11 - US Senator Elizabeth Warren, who has announced she is running for president in the 2020 elections, has defended her plan to break up Amazon, Google and Facebook if elected US president to promote competition in the technology sector, adding, “I’m not in Washington to work for billionaires.”
TEHRAN, Young Journalists Club (YJC) -“The giant tech companies right now are eating up little, tiny business startups — and competing unfairly,” the Massachusetts Democrat told CBS News on Sunday.
“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. But in addition to that, they’re sucking up all that information about every purchase, every sale and every one of the other little businesses that are offering their products on Amazon,” she added.
She has earlier said that it is time to challenge the increasing dominance of America’s biggest technology companies, which have been a huge source of financial support for Democrats in recent elections.
Warren on Sunday however said “nobody’s been beating down the door” after she announced 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.”
Warren, who served as an adviser to former President Barack Obama before she was elected to the Senate in 2012, has taken several steps in recent months to increase her national profile.
Warren, a staunch critic of President Donald Trump and his divisive polices, has repeatedly denounced Trump’s economic policies, saying they are hurting the middle-class Americans who voted for him.
Warren has said that the Republican president failed to deliver on his promise to help working-class people, accusing him of delivering “a gut punch to America's working people.”
She has said Trump vowed to make working-class people his top priority, but instead he assembled a team of billionaires and bankers at the White House which is working against the middle-class.
Source: Press TV
Your Comment