I have returned to
full Elizabeth Warren enthusiasm.
Ms. Warren’s regulatory plan would also force the rollback of some acquisitions by tech giants, the campaign said, including Facebook’s deals for WhatsApp and Instagram, Amazon’s addition of Whole Foods, and Google’s purchase of Waze. Companies would be barred from transferring or sharing users’ data with third parties. Dual entities, such as Amazon Marketplace and AmazonBasics, would be split apart.
The right people are upset about this:
Matt McIlwain, a partner at the Seattle venture capital firm Madrona Venture Group, which was an early Amazon investor, said in an email, “Senator Warren and others with a similar mind-set are misguided on the need to break up larger tech companies.”
“Companies in the innovation economy have a strong track record of creating quality products and services that are often free or at dramatically lower costs than previous services,” Mr. McIlwain said.
Haha, services that charge you $0 are not free, you slimy liar.