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AThe economic model of mazon, in which it is competing with traders who are also customers, deserves a version of Glass-Steagall, the law on the economic crisis that divides consumer and investment banks, Senator Elizabeth Warren , D-Mass.
His view reflects the stance of antitrust activists who claim that technology giants, including the e-commerce company founded by Jeff Bezos, have created monopolies by building and controlling platforms on which they compete with their users.
Amazon needs to decide whether it wants to be a merchant selling products or a technology company offering a platform to retailers, said Warren during a discussion on the 2008 financial crisis at DC's Newseum.
"Choose a company or the other," said the Massachusetts Democrat at the event moderator, Andrew Ross Sorkin, columnist for the New York Times. "You can not be in both."
When Sorkin pointed out that President Trump, with whom she often disagreed, also had a problem with Amazon, Warren acknowledged the irony with a chuckle: "We're twin," she said.
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