- Elizabeth Warren's call for breaking up Amazon, Facebook, and Alphabet represents a real threat to those companies, even if she doesn't become president.
- Her proposal threatens to put a spotlight on those companies and their business practices, one that could expose them to reputational harm.
- Moreover, it represents an attempt to gain support for a rethinking of antitrust policy, one in which regulators scrutinize the effects of concentrated corporate power on things other than just consumer prices.
- Amazon, Facebook, and Alphabet's power looks benign if only viewed from the lens of consumer prices.
- Their power looks much worse if its broader effects are taken into account.
It's been a long time since antitrust policy has been a major topic of a presidential election.
Elizabeth Warren is trying change that — and it's bad news for Amazon, Facebook, and Google parent Alphabet.See the rest of the story at Business Insider
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