Tech antitrust is facing its biggest challenge yet in the Senate
Illustration by Alex Castro / The Verge After six months of slow progress, the Senate is closer than ever to instituting new tech antitrust rules — and the industry is fighting harder than ever to bring it down. Sponsored by a bipartisan group including Sen. Amy Klobuchar (D-MN) and Sen. Chuck Grassley (R-IA), the American Innovation and Choice Online Act (AICO) was approved by the Senate Judiciary Committee in January and is poised for a full Senate vote in the coming weeks. But the bill is facing intense pushback from tech industry groups and shaping up as a major test of tech companies’ political muscle in Congress. In a joint press conference on Wednesday, the bill’s cosponsors emphasized the bill’s bipartisan support among senators. “At its core, this is about lowering... Continue reading…
After six months of slow progress, the Senate is closer than ever to instituting new tech antitrust rules — and the industry is fighting harder than ever to bring it down.
Sponsored by a bipartisan group including Sen. Amy Klobuchar (D-MN) and Sen. Chuck Grassley (R-IA), the American Innovation and Choice Online Act (AICO) was approved by the Senate Judiciary Committee in January and is poised for a full Senate vote in the coming weeks. But the bill is facing intense pushback from tech industry groups and shaping up as a major test of tech companies’ political muscle in Congress.
In a joint press conference on Wednesday, the bill’s cosponsors emphasized the bill’s bipartisan support among senators. “At its core, this is about lowering...
