AOC Targets Apple, Calls For Breakup Of 'Far Too Big' Companies After Tim Cook Defends Price Hikes: Need

Over the weekend, Rep. Alexandria Ocasio-Cortez (D-N.Y.) renewed her push for stronger antitrust action against Big Tech, arguing companies like Apple Inc. (NASDAQ:AAPL) have become too powerful as the AI-driven chip shortage threatens to raise consumer prices.

AOC Renews Call To Break Up Apple, Other Tech Giants

In a conversation with Fox News, AOC said Congress should consider breaking up technology giants such as Apple, arguing they wield excessive power.

At the same time, consumers bear the rising costs of the artificial intelligence boom.

“We need to break up a lot of these companies that are far, far too big and we need to be instituting consumer protections for people,” Ocasio-Cortez said.