Difficult. there s no doubt about it. but, yes, we could have done better, but rachel, that s the reminder about what s wrong with monopolies. it s not only what they re doing out of the marketplace, it s what they re doing to washington: it s how much power facebook and its lobbyists have in washington. and they re the ones who keep congress from acting. you know, the reason congress doesn t act is because millions of users across the country are saying, oh, please, you know, don t make life a little tougher for facebook. i don t want to have the option of picking from eight or ten or 20 different companies that are competing for my business. i also want to go to facebook. that s not the reason at all. it s the concentrated power. remember, that when teddy roosevelt, remember the famous trust buster came in and started breaking up those giant
The world, now that we know about it, what are we supposed to do to address it? joining us now is senator elizabeth warren, democrat of massachusetts, senator warren, it s really nice to see you. thank you very much for making time to be here. thank you. it s good to be with you. so you drilled down on this issue so specifically in the 2020 campaign, in 2019. i m wondering, given all the new information we have just learned from the facebook whistleblower, what sticks out to you right now as the most important thing to focus on? two years ago i really thought we needed to break up facebook. today i really, really, really think we need to break up facebook. think of it this way. you know, you have a telephone. i have a telephone. we can call each other. we can make that work, with all of the postings, all of the social media you want to do, but the reason we need to break up facebook is that it s critically important that there not be one worldwide company that basically has all o
That ran on facebook in october of 2019. it says quote, breaking, news marks like a broken facebook just endorsed donald trump for reelection. you re probably shocked. you might be thinking, how could this possibly be true? it was not true. neither facebook founder mark zuckerberg, nor the company he runs, offered any kind of political candidate for 2020. there was, in black and white, in a facebook ad, on mark zuckerberg s own platform claiming he had made this endorsement he hadn t really made. here it was showing up, nevertheless being seen by thousands, thousands, and thousands of people. the reason this ad was allowed to stamp on facebook, it was paid for by elizabeth warren in a presidential campaign. according to facebook s own rules, that essentially gave her a free pass to lie as much as she wanted, to say whatever
About it just a couple of years ago? yes. we now have ahead of the ftc who has written about the dangerous that this kind of monopoly poses to our country and understand, it s an economic monopoly, you want to buy an ad on facebook, you know who you go to, you go to facebook. you go to the dealers, every part of this is controlled by facebook, the pricing, the buyers, the sellers, every part of it, but the other part is that they understand the political risks that a company like this threatens. also, we now have someone in the justice department who had shown that he has the courage to stand up to monopolists like facebook, so i m really encouraged. we have good laws. i d like to strengthen them, but we have good laws on the books, and we have people who i believe are going to be willing to pick
That was just in response to the policies of facebook that we knew about publicly. as we learn more about how facebook operated behind the scenes, how the company s recommendations and internal incentives steer every day people to violence and conspiracies and hate all over the world, now that we know about it, what are we supposed to do to address it. joining us now is senator elizabeth warren, democrat of massachusetts, senator warren, it s really nice to see you. thank you very much for making time to be here. thank you, it s good to be with you. so you drilled down on this issue so specifically in the 2020 campaign, in 2019. i m wondering, given all the new information we have just learned from the facebook whistleblower, what sticks out to you right now as the most important thing to focus on? two years ago i thought we needed to break up facebook. today i really really really think we need to break up facebook, and think of it this way, you know, you have a