As the American Bar Association (ABA) prepares to hold its annual Antitrust Spring Meeting this week, here are three must-reads on recently-proposed antitrust policy from Congress and the FTC: 1) Former DOJ Senior Economic Counsel Gregory Werden notes the FTC has “declared that the agency has, and will exercise, extraordinary powers that it never before […]
According to the latest Consumer Price Index (CPI) numbers, prices in the overall economy increased by 0.4% in February, with the annual inflation rate at 6% from last year. However, prices of online goods continued to fall, with digital prices dropping 0.3% from January 2023 and 1.4% from February 2022, according to the Adobe Digital […]
The Senior Counsel for Competition Policy and General Counsel at the Center for Democracy & Technology (CDT), George Slover, continues to warn about flaws in proposed antitrust bills. His recently published piece “Looking Back, and Forward, on Online Platform Antitrust Reform” described how privacy and content moderation issues in the language of AICOA and OAMA […]
This week’s Senate Judiciary Committee hearing featured similar arguments about flawed anti-tech legislation that failed in the last Congress. Chamber of Progress’ Adam Kovacevich summed up the hearing with one simple phrase: Congress is “once again, ignoring that the public isn’t clamoring for bills like AICOA.” Also, Members of Congress, including Sen. Padilla (D-Calif.), continue […]
As the Senate Judiciary Committee prepares to revisit failed anti-tech legislation, it is important to remember the serious risks posed by the American Innovation and Choice Online Act (AICOA), the Open App Markets Act (OAMA), the Journalism Competition and Preservation Act (JCPA), and other bills like them. There’s a reason why each of these bills […]
Misguided anti-tech legislation like the Open App Markets Act (OAMA) and the Journalism Competition and Preservation Act (JCPA) failed to pass the last Congress for many reasons, including serious flaws that would have harmed consumers. Similarly, as Springboard has previously noted, the American Innovation and Choice Online Act (AICOA) is also a failed bill that […]
Check out these three must-reads detailing why previous anti-tech legislation, like the American Innovation and Choice Online Act (AICOA), was misguided and ultimately failed. 1) Professor Herbert Hovenkamp: AICOA “was a bill that deserved to die.” — Professor Hovenkamp criticized AICOA’s “gatekeeper” approach of targeting leading companies in a particular sector, saying the approach “should […]
The U.S. tech industry has been a core driver of innovation for Americans and businesses of all sizes. But overzealous regulation by bureaucrats and lawmakers threatens American innovation and American competition abroad. Here’s what you need to know: — Overregulation stifles American innovation — Tech innovation supports U.S. competition abroad, especially with China — Tech […]
As evidenced in this week’s announced departure of an FTC Commissioner, major changes to the Commission’s operations have raised serious concerns from experts across the political spectrum. These experts have been sounding the alarm for months, and this week’s agency shake-up is just the latest in a long list of warnings about the agency’s direction. […]
In a paper published this week, preeminent legal scholar Herbert Hovenkamp, one of the foremost authorities on antitrust law, detailed the competitive nature of the tech sector and explained why the approach to competition policy outlined in the American Innovation and Choice Online Act (AICOA) “should be abandoned.” He concluded that AICOA “was a bill […]
Hostility to innovation and technology diminishes the incredible Internet-enabled opportunities that leading tech services provide: empowering consumers, driving prices down and increasing choice, and providing platforms to help entrepreneurs grow their businesses. It has given us a golden era of entertainment, knowledge, and everything from fashion startups, to booming mom and pop stores, to the latest app.
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