Academics, policy experts, think tanks, advocacy groups, and policymakers are voicing serious concerns with recent anti-tech proposals—specifically the American Innovation and Choice Online Act (AICOA)—and the consequences for small businesses, consumer welfare, the economy, national security, and more.
The latest version of Sen. Klobuchar’s American Innovation and Choice Online Act (AICOA) has many experts concerned about what the bill means for online content moderation, and the sponsors seem to be divided on the answer. Sponsors of the bill have been inconsistent about their stated purpose of AICOA regarding content moderation: — Senator Klobuchar, […]
The amended American Innovation and Choice Online Act (AICOA) does not address the serious national security concerns that experts have warned the legislation raises—and experts continue to sound the alarm. Here’s what to read to get up to speed: 1. AICOA “will place U.S. companies at a structural disadvantage” relative to China, warn Former Director […]
As Congress returns from the July Fourth recess, it is worth recapping what experts have said about AICOA’s negative impacts on U.S. national security, privacy, content moderation, and consumer welfare, including how the recently revised AICOA solves none of these problems yet carves out big telcos and banks. Must reads: 1) More Economic And National […]
Geoffrey Manne, president and founder of the International Center for Law and Economics (ICLE), highlights how the American Innovation and Choice Online Act (AICOA) would imperil the tech startup ecosystem. Here are the highlights: While AICOA doesn’t explicitly prohibit acquisitions, it would decrease the incentives that drive many to acquire startups. “Of course, AICOA doesn’t […]
Antitrust expert and Stanford Law Professor Doug Melamed published a detailed analysis of the flaws in the American Innovation and Choice Online Act (AICOA) and why the Senate should not pass the bill. Melamed, the former Acting Assistant Attorney General in charge of the Department of Justice Antitrust Division and Principal Deputy Assistant Attorney General, […]
A group of former U.S. economic and national security officials sent a letter to Republican congressional leaders expressing strong concerns about proposed anti-tech legislation — specifically, the American Innovation and Choice Online Act (AICOA) and the Open App Markets Act — that could weaken America’s national security. Signatories include Larry Kudlow, former Director of the […]
Democratic Senators Brian Schatz (D-HI), Ron Wyden (D-OR), Ben Ray Luján (D-NM), and Tammy Baldwin (D-WI) sent a letter urging Senator Amy Klobuchar to address a “significant issue” with the American Innovation and Choice Online Act (S. 2992) as it would “hinder content moderation practices.” The senators, along with a diverse group of prominent legal […]
This week, a coalition of nearly 180 state and local chambers of commerce from 46 states sent a letter to “strongly oppose” anti-tech bills that would “fundamentally rewrite” American antitrust law to “protect competitors rather than consumers,” creating different rules for certain leading American companies “based on arbitrary criteria.” The letter emphasizes: — “These bills […]
In a recent paper, legal professor and economist Erik Hovenkamp found that recent anti-tech proposals “would threaten incentives for competition and innovation.” Here are the highlights: Self-preferencing is “ubiquitous, and not only in concentrated markets.” “To begin, it is worth noting that mild self-preferencing is in fact ubiquitous, and not only in concentrated markets. Whenever […]
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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