If Elizabeth Warren was to capture the Democratic nomination, then the presidency, life would change for a number of different companies. Some Democratic Wall St. donors have already said that they will back Donald Trump is Warren becomes the candidate.
The specter of a Warren nomination could also spell trouble for a number of different tech companies. Social media giant Facebook would be one of the companies affected by the Massachusetts senator’s plan to break up tech giants. In a July meeting with employees, Zuckerberg noted that the company would have no choice but to fight.
In March of this year, Warren told a New York City crowd, “We have these giants corporations — do I have to tell that to people in Long Island City? — that think they can roll over everyone. I’m sick of freeloading billionaires.”
Zuckerberg was asked about Warren during a company meeting. In an answer recorded by an employee, he stated:
“There might be a political movement where people are angry at the tech companies or are worried about concentration or worried about different issues and worried that they’re not being handled well. That doesn’t mean that, even if there’s anger and that you have someone like Elizabeth Warren who thinks that the right answer is to break up the companies. I mean, if she gets elected president, then I would bet that we will have a legal challenge, and I would bet that we will win the legal challenge.”
The Facebook founder continued, “Does that still suck for us? Yeah. I mean, I don’t want to have a major lawsuit against our own government. I mean, that’s not the position that you want to be in … It’s like, we care about our country and want to work with our government and do good things. But look, at the end of the day, if someone’s going to try to threaten something that existential, you go to the mat and you fight.”
Warren responded to Zuckerberg’s comments over Twitter. The senator wrote, “What would really “suck” is if we don’t fix a corrupt system that lets giant companies like Facebook engage in illegal anticompetitive practices, stomp on consumer privacy rights, and repeatedly fumble their responsibility to protect our democracy.”
What would really “suck” is if we don’t fix a corrupt system that lets giant companies like Facebook engage in illegal anticompetitive practices, stomp on consumer privacy rights, and repeatedly fumble their responsibility to protect our democracy. https://t.co/rI0v55KKAi
— Elizabeth Warren (@ewarren) October 1, 2019