Sen. Klobuchar’s American Innovation and Choice Online Act could break convenient and low-cost technology products and services that hundreds of millions of consumers enjoy. This bill does nothing to protect consumers but instead aims to hamstring some companies at the benefit of others. Here’s the price that consumers will have to pay because of Sen. […]
Last summer, the House Judiciary Committee rushed through a committee vote less than two weeks after the introduction of Rep. Cicilline’s American Choice and Innovation Online Act, along with a number of other anti-tech bills despite strongly voiced concerns. Looking to the Senate, we are about to see a similar scenario play out with Sen. […]
The Senate’s American Innovation and Choice Online Act (AICOA) would prohibit Google from showing a range of helpful search results, but allow Google’s competitors to show the same information.
Anti-tech legislation, like the American Innovation and Choice Online Act (AICOA) and its House companion, targets leading American companies but ignores how the legislation would have dramatic consequences for small businesses by destroying many free technology tools and services. Small business owners and groups from across the nation are deeply concerned about these regulations: Breaking […]
Despite what you might have heard, Congress’s anti-tech bills will not reduce inflation. In fact, they will make it worse by undermining the technologies that lead to lower consumer prices. By targeting tech, in which inflation is already consistently low and some prices are even declining, the bills would jeopardize free or low-cost services, potentially […]
As we have previously highlighted, the American Innovation and Choice Online Act (AICOA) would endanger national security and harm America’s global competitiveness. The bill would require American companies to share data and infrastructure (including operating systems, hardware, and software) with foreign rivals, while making no such requirements for Chinese, Russian, and other foreign competitors. Further, […]
The Senate Subcommittee on Competition Policy, Antitrust, and Consumer Rights is holding a hearing today on U.S. innovation, competition and consolidation. As the subcommittee considers recently-introduced anti-tech legislation, here are important things to keep in mind: – The companies targeted by proposed anti-tech legislation are the same companies driving U.S. leadership in innovation. – America’s […]
This week, a Senate Finance Committee hearing featured several misleading claims about retail competition, competition for workers, and investment in logistics. These claims are easily refuted by the facts: Claim: There is no competition in delivery services, allowing Amazon to benefit while consumers are harmed. Fact 1: Competition in the retail and delivery industries is […]
Sens. Amy Klobuchar (D-MN) and Chuck Grassley (R-IA)’s American Innovation and Choice Online Act targets select leading American companies with onerous regulations and would hurt consumers and small businesses. The bill would ban Amazon from common business practices while exempting the biggest retailers, like Walmart, CVS, Target, and Costco, from any similar burden. The bill […]
2020 was the FTC’s busiest merger enforcement year in two decades, reflecting the agency’s ability to challenge potentially anticompetitive deals. The FTC “ultimately saw twenty-eight merger enforcement actions this fiscal year: seven complaints voted out by the Commission, ten settlements accepted for public comment, and eleven transactions abandoned or restructured. This is the highest number […]
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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