As 2020 presidential campaigns accelerate, the dominance of Silicon Valley technology companies is likely to remain a key issue for Democratic candidates.
As 2020 presidential campaigns accelerate, the dominance of Silicon Valley technology companies is likely to remain a key issue for Democratic candidates, Bank of America analyst Justin Post said in a note to investors on Monday.
"The giant tech companies right now are eating up little, tiny businesses, start-ups – and competing unfairly," Warren told CBS on Sunday. Bank of America sees"a partial breakup of Alphabet " as possibly"value enhancing." With the broad reach of each of Alphabet's business units, as separate entities, each brand"has enough scale to capture vast advertiser interest," Post added.
While Bank of America did not include Apple in its breakup analysis, Warren confirmed to CNBC that she intends to break up the iPhone maker. In her interview with CBS, Warren argued that she is not against markets, which she said"produce a lot of good," but instead thinks"markets have to have rules."
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