Presidential candidates representing the US Democratic Party have shifted their attitude towards the Silicon Valley magnates. They moved their standing point from the unconditional support they gave to the development of the IT industry to serious motions for fighting their monopoly on this thriving market.
However, the relationship between the Democrats and big bosses of the Internet has grown rapidly cold after a series of scandals ranging from privacy issues to foreigners messing with the presidential elections.
Nowadays all of the candidates for 2020 elections from Democratic party tackle the growing demands for breaking huge Internet companies like Facebook because they have monopolized the market and squashed down the competition. In addition to this, Amazon, Google, and Facebook have been accused of neglecting the needs of their customers focusing only on their profit and interests.
This is the attitude Democrat senator Kamala Harris expressed in an interview. Mrs. Harris also believes that initiatives for breaking certain IT companies to smaller parts should be seriously discussed.
The bomb dropped when Chris Hughes, one of the Facebook founders, wrote in his New York Times editorial that this social network should get rid of WhatsApp and Instagram, the two extremely lucrative apps it has got under its wing.
Now, most of the candidates for upcoming elections face the demands to declare whether they support the breakup of companies as a means of fighting the monopolization of the market or not.
Obviously, many of them try to give a vague answer waiting to see what attitude will prevail, while others openly advocate for the “radical” breakup option.
Elizabeth Warren was the first to mention and raise the initiative for breaking up the powerful Internet companies that, in her opinion, have run over the competition and abused the private info of their users to gain profit thus fixing the whole ball game into their favor.
Most Democrats who are running for office in 2020 avoid fully supporting Warren’s idea. Many of them have opted for the milder solution of enhanced monitoring against monopoly. One of those who are sitting on the fence on this issue is Bernie Sanders. Although he didn’t spare words of praise for Hughes, he didn’t utter a word when Warren suggested the breakup up to diminish their overwhelming presence in the market.
One of the Facebook CEOs tried to defend the company by saying that there were some serious issues lately that need to be addressed and solved. At the same time, he stated bitterly that implementing such radical measures like breaking up companies isn’t the right solution to these problems.