China doesn't seem to be having any problems competing, and winning, against Google and Amazon. Baidu and Alibaba are huge.
Interesting platform for a US presidential candidate to promote regulations against US companies to promote world corperate “fairness”.
I'm not just throwing stones here. I'd welcome some clarification from GP.
I'm definitely left-leaning economically. I also am very much in favor of giving developing nations a chance at competing with our economy.
However, I would go more or less the opposite direction of what you're suggesting. I support allowing American companies to produce jobs on foreign shores _provided those companies follow American labor laws_. I'm in favor of pro-labor regulation and I'm also in favor of free international trade, but not where the latter is at the expense of the former. A totally free world market would circumvent our protections at home.
All this to say, I wouldn't really call what you're suggesting a benefit by any view.
It's certainly a benefit from the view of the Chinese government.
Google is really the issue. They are dominant in search, browser, and maps, and they're half the mobile duopoly. It's very difficult to avoid using their products entirely and even if you did, their dominance allows them to dictate how the internet works, to a certain extent.
I couldn't care less about Facebook. Yet, while I certainly could live without Amazon (or Whole Foods), their service is very nice and WF has things I can't buy at other grocery stores around me.
I prefer breaking up monopolies if the end result will be a healthier, consumer-focused and competition driven market.
Given that this is an Elizabeth Warren idea, I'm suspicious that the motives are anything having to do with creating a vibrant market... :)