Just like how this summer’s House antitrust package would have caused higher prices, fewer choices, and less innovation, the Senate’s latest push will kneecap leading American businesses, ruin the consumer experience online, and undermine popular innovations and privacy standards.
The Senate’s American Innovation and Choice Online Act will brick the internet by reducing affordability, opportunity, and connection for consumers and small businesses across the country.
Here are just a few examples of how this Senate proposal could brick the internet
The Flaws Of The American Innovation and Choice Online Act
Just like how the Chinese Communist Party’s recent antitrust crackdowns wiped out a trillion dollars worth of market capitalizations, Americans can expect similar financial pains from this legislation depressing the investments and retirement funds of hardworking Americans.
U.S. antitrust enforcement should protect the consumer, not cause them pain.
The bill kills Amazon’s Prime shipping, denies Google from highlighting relevant Maps and Reviews at the top of a user’s search, and obliterates Apple+ bulk discount service.
Platforms are forced to disclose customers’ personal information to high-risk and foreign actors whether the shoppers want their data shared or not.
Platforms must partner with potentially risky sellers and cannot easily remove bad actors.
It prevents businesses from partnering with particular communities like veterans and military spouses, small business owners, and first-generation American business owners to promote their businesses on the company’s platform.
This emboldens progressive efforts and sends a signal that Congress supports radical moves like abandoning the consumer welfare standard for subjective standards like “economic justice” or “climate justice.”