CEI argues AICOA would harm consumers, security, and U.S. tech innovation
By
Alex Reinauer
Summary
The Competitive Enterprise Institute (CEI) criticizes the re-introduced American Innovation and Choice Online Act (AICOA) by Senators Grassley and Klobuchar, arguing the bill would harm consumers, degrade security and privacy, stifle innovation, and diminish the competitiveness of U.S. tech companies. The legislation targets digital platforms with regulations banning self-preferencing practices.
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Key quotes
· 2 pulledThe American Innovation and Choice Online Act (AICOA) would hurt consumers, introduce degraded security and privacy for users, and diminish the ability of U.S. tech companies to innovate.
The American digital platform model is one of...
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