Today's big tech companies have too much power — too much power over our economy, our society, and our democracy. They've bulldozed competition, used our private information for profit, and tilted the playing field against everyone else.
With fewer competitors entering the market, the big tech companies do not have to compete as aggressively in key areas like protecting our privacy. And some of these companies have grown so powerful that they can bully cities and states into showering them with massive taxpayer handouts in exchange for doing business, and can act—in the words of [Facebook CEO] Mark Zuckerberg—"more like a government than a traditional company."
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Today's big tech companies have too much power — too much power over our economy, our society, and our democracy. They've bulldozed competition, used our private information for profit, and tilted the playing field against everyone else.
With fewer competitors entering the market, the big tech companies do not have to compete as aggressively in key areas like protecting our privacy. And some of these companies have grown so powerful that they can bully cities and states into showering them with massive taxpayer handouts in exchange for doing business, and can act—in the words of [Facebook CEO] Mark Zuckerberg—"more like a government than a traditional company."" in the context of "Quoted in Elizabeth Warren Praised for Plan to Break Up Tech Giants, Common Dreams, Andrea Germanos (8 March 08, 2019)" to mean that wisdom is timeless.
Tags
About Elizabeth Warren