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Congress is one step closer to actualizing transformative antitrust reform for the tech industry after sending their most viable bill to the Senate floor.
The Senate Judiciary Committee approved the American Innovation and Choice Online Act by a 16-6 vote on Thursday after hours of lengthy debate. The bill – sponsored by a bipartisan group of tech hawks like Sen. Amy Klobuchar (D-MN) and Josh Hawley (R-MO) – would ban dominant tech platforms from favoring their own services and products over those of their competitors.
The successful committee vote comes after a week of antitrust action from the federal government that’s spooked the tech industry and put lobbyists in a frenzy. While prohibiting self-preferencing, like Amazon placing its…
