Sen. Elizabeth Warren, D-Mass., laid out a proposal to break up large tech companies at a rally in Queens, The New York Times reports. Warren's proposal would undo notable tech mergers and introduce legislation to no longer allow tech companies to build and participate in their own marketplaces. Under Warren's regulations, companies would be split between those with global revenue between $90 million and $25 billion and those with revenues that exceed $25 billion. The plan has been met with criticism within the tech industry. “The Warren campaign’s call to break up big tech companies reflects a ‘big is bad, small is beautiful’ ideology run amok,” Information Technology and Innovation Foundation President Rob Atkinson said. “The proposal ignores the fact that many of the services big tech companies now provide free used to cost consumers money.” (Registration may be required to access this story.)
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