AOC calls to 'break up' big tech companies amid price hikes
Key takeaways
- Alexandria Ocasio-Cortez (D-N.Y.) said that large technology companies want to have totally unchecked power and should be split up.
- We need to break up a lot of these companies that are far, far too big, and we also need to be instituting consumer protections for people.
- In an interview published earlier this month, Apple CEO Tim Cook told The Wall Street Journal that his company is raising its prices in an attempt to counteract the rising costs of memory and storage chips.
Why this matters: political developments that affect policy direction and public trust.
Alexandria Ocasio-Cortez (D-N.Y.) said that large technology companies want to have totally unchecked power and should be split up.
The problem that we have is that these big companies, they think they are governments, they want to be governments, she said in an interview with Fox News posted Sunday, discussing tech companies and artificial intelligence (AI). We need to break up a lot of these companies that are far, far too big, and we also need to be instituting consumer protections for people.
In an interview published earlier this month, Apple CEO Tim Cook told The Wall Street Journal that his company is raising its prices in an attempt to counteract the rising costs of memory and storage chips.