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Sen. Elizabeth Warren. Photo: Scott Olson/Getty Images

Democratic presidential candidate Sen. Elizabeth Warren said Friday that she would take steps to break apart Google, Facebook and Amazon if elected.

Why it matters: It's the most significant tech policy idea proposed on the presidential campaign trail so far, and in keeping with a moment where policymakers of both parties have grown skeptical of the power of big web platforms.

Details: The Massachusetts senator's plan involves two key steps.

  • Get legislation passed making it illegal for companies with over $25 billion in worldwide revenue to act as both operators and users of a platform.
  • Amazon, for example, couldn't sell its private-label products — like AmazonBasics batteries — that compete with third-party merchants on its Marketplace platform. Aspects of Google's ad and search platforms would be split apart, too, she said in a post.
  • Install regulators willing to go back and break up already-closed mergers.
  • On the list: Amazon's purchases of Whole Foods and Zappos. Google's purchases of ad product DoubleClick, Waze and Nest. Facebook's acquisitions of WhatsApp and Instagram.

Yes, but: Even if elected, nothing's a sure thing. A President Warren couldn't take these steps without some level of congressional support, since one of her proposals requires passing a law and major antitrust regulators require Senate confirmation.

The big picture: This proposal is a boon for a growing anti-monopoly movement that critics have derisively called "hipster antitrust."

  • Scholars in its ranks say that American competition enforcement has failed and that corporate consolidation has played a role in many societal problems.

Go deeper

Jan. 6 panel subpoenas 2 far-right "America First" activists

The House panel investigating the Capitol riot, from left; Reps. Bennie Thompson, Liz Cheney, Adam Kinzinger and Jamie Raskin on Capitol Hill in December. Photo: Drew Angerer/Getty Images

The House select committee investigating the Capitol riot issued subpoenas Wednesday for far-right leaders Nick Fuentes and Patrick Casey, who allegedly encouraged followers to go to D.C. and challenge the 2020 election results.

Why it matters: The action underscores the panel's increasing focus on rallies held ahead of the Capitol attack and how extremists were drawn to former President Trump's baseless claims of widespread voter fraud, per the New York Times.

Democrats fail to change Senate rules to pass voting rights bill

Senate Majority Leader during a news conference in Washington, D.C., on Wednesday. Photo: Alex Wong/Getty Images

Democrats failed Wednesday night to change Senate filibuster rules to pass the voting rights bill, with Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.) voting with Republicans.

The big picture: The failed effort came after Senate Republicans blocked the voting rights measure from coming to a final vote earlier Wednesday.

Updated 4 hours ago - Politics & Policy

Supreme Court rejects Trump's attempt to shield documents from Jan. 6 committee

Photo: Melissa Sue Gerrits/Getty Images

The Supreme Court rejected on Wednesday night a bid by former President Trump to block the release of documents and records from his administration to the House committee investigating the Jan. 6 riot at the Capitol.

Why it matters: Trump asked the Supreme Court to step in and block the release of the documents last month after a panel on the U.S. Court of Appeals for the D.C. Circuit unanimously denied his attempt to prevent the committee from obtaining the materials.