Re:Elizabeth Warren Proposes Breaking Up Tech Giants Like Am...
by jonahb on Friday March 08, 2019 @02:57PM
(#19341586)
From the Warren post:
Companies with an annual global revenue of $25 billion or more and that offer to the public an online marketplace, an exchange, or a platform for connecting third parties would be designated as "platform utilities." … These companies would be prohibited from owning both the platform utility and any participants on that platform.
Thus Safeway would be exempt from the regulation because (a) they do not offer an online marketplace and (b) they do not connect third parties (but instead act as an intermediary).
Similarly, it appears that only Amazon Marketplace, not the retail arm of Amazon, would be affected by this regulation.
Companies with an annual global revenue of $25 billion or more and that offer to the public an online marketplace, an exchange, or a platform for connecting third parties would be designated as "platform utilities." … These companies would be prohibited from owning both the platform utility and any participants on that platform.
Thus Safeway would be exempt from the regulation because (a) they do not offer an online marketplace and (b) they do not connect third parties (but instead act as an intermediary).
Similarly, it appears that only Amazon Marketplace, not the retail arm of Amazon, would be affected by this regulation.