American presidential candidates have talked at length about breaking up Big Tech companies like Amazon, Apple, Google and Facebook, which also owns Instagram and WhatsApp. The proposals appear sensible on their face. Senator Elizabeth Warren's new regulatory framework would aim to curb anticompetitive practices, protect user data and ultimately prevent election interference -- all critical to American interests.
The problem is that these companies are not just in the U.S. They are unprecedented global behemoths, and the American candidates are not considering the impact that such breakups might have internationally.