SEN. ELIZABETH WARREN’S plan to break up tech giants Amazon, Google, Facebook, and Apple has given concentrated corporate power its most prominent political platform since the 1912 presidential election — and we’re still nearly a year away from the first round of primary voting. This tracks with the rising awareness of the corrosiveness of monopoly power generally and those tech giants specifically.
Whether such policy boldness means anything in a brand-obsessed political landscape will be determined when ballots are cast. But it is undeniably driving a policy discussion that the next Democratic presidential nominee, no matter who it is, will likely take up. In that context, the debate over Warren’s plan is critical, as it prefigures the trajectory of each and every challenge to corporate dominance.
Nya marknadssvängningar sätter press på Nvidia och lyfter Apple
Apple är nu bara några procentenheter från att gå om Nvidia som världens högst värderade bolag, delvis tack vare utvecklingen hos Google. Huruvida det blir en varaktig förändring återstår att se. Sedan början av 2023 har Nvidias aktie rusat med…