Democratic hopeful Hickenlooper to take on monopolies in economic plan

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Democratic hopeful Hickenlooper to take on monopolies in economic plan
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Democratic presidential hopeful John Hickenlooper, a former governor of Colorado...

SACRAMENTO, Calif. - Democratic presidential hopeful John Hickenlooper, a former governor of Colorado, will release an anti-monopoly plan in California on Friday that could challenge the dominance of such companies as Amazon and Google, his campaign told Reuters.

Hickenlooper, who made his fortune as a small-business owner, plans to take on the tech giants and other large companies in San Francisco on Friday, in the heart of the state’s thriving technology center. Hickenlooper is not the first Democratic candidate to make the dominance of the big tech companies a campaign issue. Senator Elizabeth Warren last month vowed to break up Amazon, Google and Facebook if she is elected president, saying at a campaign event in New York City, “The competition needs the opportunity to thrive and grow.”Hickenlooper’s proposal calls for beefing up U.S.

Hickenlooper would also direct the Federal Trade Commission to resume a long-abandoned practice of tracking companies’ industry dominance, including examining past mergers to see if they should be undone.

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